Company profile
1st Commercial Credit
Public disclosure profile. This page does not rate, rank, endorse, or collect applications for 1st Commercial Credit.
Limited public disclosure found. Advance rate and contract length are not publicly disclosed. Fee range gives a range but applicant-specific rates depend on industry and debtor qualifications.
Public data fields
Headquarters
Austin, TX
Industries served
Cable and telecommunications, construction, wholesale and distribution, healthcare and medical, manufacturing, oil and gas, produce (PACA), security guard companies, staffing, trucking and freight.
Recourse availability
Recourse factoring publicly described as available for most industries.
Non-recourse availability
Non-recourse factoring publicly described as available for trucking companies on a credit-insured basis.
Fuel advance availability
Not publicly disclosed
Same-day funding claims
Claims 24-hour funding after account approval. Initial setup publicly described as taking 3 to 5 days.
Advance rate
Not publicly disclosed
Fees
Fee range publicly stated as 0.69% to 1.59% depending on industry and qualifications.
Contract length
Not publicly disclosed
Publicly disclosed information
- Factoring fee range publicly stated as 0.69% to 1.59% depending on industry and qualifications.
- Facility range publicly stated as $10,000 to $10,000,000.
- No monthly minimum fees and no invoice minimum fees stated publicly.
- Non-recourse factoring publicly described as available for trucking on a credit-insured basis.
- 24-hour funding after account approval publicly stated; initial setup described as 3 to 5 days.
- Ten industry sectors publicly listed including trucking, staffing, healthcare, construction, oil and gas, manufacturing, wholesale distribution, and produce (PACA).
Not publicly disclosed
- Advance rate
- Contract length and termination fee structure
- Recourse period length
- Fuel advance availability
Contract terms to verify
- Advance rate formula and whether it varies by debtor credit rating
- Fee period and calculation basis within the quoted range
- Recourse period and repurchase or replacement obligation
- UCC filing scope and collateral description
Questions to ask before signing
- What advance rate applies to my specific invoices and debtors?
- Is there a minimum contract term or early termination fee?
- What are the eligibility criteria for non-recourse trucking factoring?
- Is spot factoring available or is an ongoing contract required?
- Is the fee based on invoice face value or the advance amount?
Source notes
- Profile based on public pages of 1stcommercialcredit.com accessed May 2026.
Related reading
- Trucking factoring
- Staffing factoring
- Manufacturing factoring
- Oilfield factoring
- Construction factoring
- Medical receivables factoring
- Wholesale and distribution factoring
- How invoice factoring works
- Recourse vs non-recourse factoring
- UCC filing in factoring
- Discount fee
- Recourse
- Non-recourse
- Advance rate
- UCC-1
- Eligible receivable
Sources
- 1st Commercial Credit - 1st Commercial Credit LLC. Accessed 2026-05-19.
- 1st Commercial Credit Invoice Factoring - 1st Commercial Credit LLC. Accessed 2026-05-19.
Financial disclaimer. This page is educational only and is not financial, legal, tax, accounting, or credit advice. Factoring terms vary by provider and contract. Read the full disclaimer.