Thunder Funding
Carlsbad, CA
Primary product: Freight factoring
About Thunder Funding
Thunder Funding is a freight factoring company in Carlsbad, California, run by people with trucking backgrounds. Its non-recourse agreements run 90 days with no minimum invoice volume and no sign-up fee. Invoices sent by noon Pacific are paid the same day, and fuel advances of up to 50% are processed seven days a week. Clients get a dedicated account manager, online portal and mobile app.
Financial Products
- Freight factoring
- Non-recourse factoring
- Spot (single-invoice) factoring
- Fuel advances
- Minimum credit facility
- Contact for details
- Maximum credit facility
- Contact for details
Industries Served
Featured Services
- Dedicated account manager
- No minimum fees
- No startup fees
- Non-recourse option
- Single-invoice factoring
- Same-day funding
- Free credit checks
- Online portal
- Mobile app
- Fuel advances
- Startups welcome
Standard Terms
| Startup fee | NoneSource, checked 2026-11-05 |
|---|---|
| Contract term | 3-month termSource, checked 2026-11-05 |
| Advance rates | Contact for pricing |
| Factoring fee | Contact for pricing |
| Minimum volume fees | NoneSource, checked 2026-11-05 |
| Additional fees | Contact for pricing |
| Reserves | Contact for details |
| Recourse | Non-recourse offeredSource, checked 2026-11-04 |
| Funding speed | Same daySource, checked 2026-11-05 |
* Actual terms may vary. Your quote is set by the company for your volume and customers.
Company profile
Overview
Thunder Funding is a freight-only factoring company at 2433 Impala Drive in Carlsbad, California. The company says it was built by a team with more than 35 years of trucking experience and 20 years of factoring knowledge. Its leadership page names Jim Silva as president and co-founder.
Its about page describes founders who started on a loading dock, ran refrigerated trucks and handled claims and inspections before starting a factoring company. Its fleet page says it serves operations from a few trucks up to 100.
Factoring, fuel advances and a fuel card are its core products.
Services
- Freight factoring. Agreements are non-recourse by default. There is no minimum number of invoices, and clients choose which freight brokers' invoices to factor, according to its FAQ.
- Fuel advances. Its fuel advances page says carriers can have up to 50% of the load amount within 15 minutes of loading. Its FAQ says it processes fuel advances seven days a week. The company describes the advances as low-cost; contact the company for the fee.
- Thunder Fuel Card. Accepted at more than 8,000 locations, including TA Petro, Sapp Brothers, AMBEST, Speedway, Stripes and 7-Eleven Fleet. The card includes spending controls and IFTA reports and can receive factoring funds. Thunder advertises fuel savings averaging $0.65 a gallon on its owner-operator page and a monthly average saving of $500 per truck in its FAQ.
- Freight broker credit checks. A free credit checking tool is available 24/7 in its app.
- Account management. Each client gets a designated account manager. The client portal gives 24/7 access to account history and stored images of invoices, bills of lading and freight broker payments.
- Mobile app. The app handles invoice submission, fuel advance requests, cash tracking, fuel card management and freight broker credit lookups.
- Buyouts. Its FAQ describes the process for carriers who factor elsewhere: the current factor sends a list of open invoices, Thunder agrees the buyout amount, buys those invoices and takes over collection.
Industries served
Thunder Funding factors freight only. It serves owner-operators and fleets from a few trucks up to 100.
Published terms
| Term | What the company publishes |
|---|---|
| Factoring fee | Contact for pricing; programmes are built around company size, freight brokers and type of freight |
| Minimum volume | No minimum number of invoices |
| Contract length | 90-day agreement; the homepage says it will never ask clients to sign a long-term commitment |
| Recourse | Non-recourse by default |
| Funding speed | Invoices sent by 12pm Pacific paid the same day; by 9pm Pacific paid the next day |
| Setup fees | Sign-up is free; no set-up fees |
| Fuel advance | Up to 50% of the load amount within 15 minutes of loading; contact for the fee |
| Fuel card fees | No set-up, monthly or customer service fees; no charge to transfer funds to a bank account |
Its rates page lists four things that set the price: invoice volume, freight broker credit quality, freight broker payment terms, and whether the agreement is recourse or non-recourse. Its homepage says clients will always know what they are paying per invoice.
The non-recourse cover applies when a freight broker does not pay because of bankruptcy or insolvency, according to its FAQ. It does not cover short payments or non-payment caused by disputes. The FAQ lists damage, shortages, overages, claims, late fees, missing paperwork and penalties for not using tracking devices as examples.
Payment options are wire transfer, ACH, express codes and transfers to the Thunder Fuel Card. Thunder says the fuel card transfer gives immediate access to funds.
- Advances of up to 100%
- Lower rates for larger fleets, with room to negotiate
- ACH and wire transfer fees
- Same-day funding at no extra charge, with next-day funding also offered
- No termination fee with 60 days' notice
- An all-asset (blanket) UCC filing, made when the client factors its first load
How to apply
Thunder asks for active motor carrier authority, proof of business ownership and a copy of the applicant's driver's licence. It does not run personal credit. Approval depends on the credit of the applicant's freight brokers and shippers. Sign-up is free.
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