Non-Recourse Factoring

A common problem faced by trucking companies is receiving the money they are owed from business associates when they need it. Many times, it can take weeks or even longer to get the money you need from the other companies with whom you do business. Fortunately, truck factoring offers a solution to this problem. By hiring a truck factoring service, you can get the money you need simply and efficiently.

At TBS Factoring Service, LLC, we are committed to helping our customers choose the factoring plan that works best for their business needs. To learn more about what we can offer you, contact our offices today at 800-207-7661.

Deciding on the Right Plan for Your Business

Many smaller or newly-opened truck services chose a non-recourse factoring plan with a truck factoring service. With a non-recourse plan:

• The trucking factor assumes the risk of unpaid bills.
• If a customer does not pay their bills to the factor, the trucking company is not responsible for those bills.
• The factor takes a larger percentage of the payments to incorporate this risk than with other plans.

With a recourse plan, the company is instead liable for unpaid bills. In exchange, the company receives a higher percentage of each invoice.

Contact Us

At TBS Factoring Service, LLC, our truck factoring experts work individually with our customers to ensure that they find the plan that works best for their business needs. We allow our customers the flexibility to change between recourse and non-recourse plans as their business changes. To learn more about recourse and non-recourse truck factoring options, contact our offices today by calling 800-207-7661.