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Exclusive TBS Client Services & Resources. When you factor with TBS, you’ll get FREE access to our exclusive programs. Because we have over five decades of experience, we know what will grow your business and save you money. Our goal is to see your company succeed.
Freight factoring with TBS is simple and helps you grow your business. With over 50 years of experience, our team has developed cutting-edge technology to help you manage your finances on-the-go. Let TBS provide your back-office support so you can focus on keeping those big rig wheels turning.
For example, if the debtor goes out of business, files for bankruptcy, or becomes insolvent during the factoring period, TBS will take the loss. Recourse factoring is when the client is responsible for repaying an invoice if the account debtor fails to pay.
Oct 31, 2022 · So for example, if you factored an invoice worth $5,000 with TBS Factoring, and your customer took four weeks to pay TBS, your final percentage owed would be 5%, or $250 of the total $5,000. However, TBS Factoring does pride itself on its lack of extra fees. For example, there are no cancellation fees, no sign-up fees, and no listed advance fees.
4. Upon approval/verification, you get your advance. If a broker doesn’t offer any advances, the load isn’t ideal for your business. TBS will advance you up to 50% on loads we factor. Sign up for a free 30-day trial.
TBS acquired FCS in 2021. The combined strength of TBS and TBS Charlotte allows us to provide valuable new resources and a wider array of high-quality services to trucking companies nationwide. From cutting-edge technology to advancements in factoring, TBS is now one of the top three factoring companies in the country.
TBS Factoring Service makes trucking easier with technology and services to help drivers get established, stay compliant, find loads and get paid faster. Based in Oklahoma City, Okla., the TBS ...
