Factoring Company for Trucking

Factoring Company for Trucking

Invoice factoring is a valuable financial tool to help businesses bridge gaps between delivery of work or services and payment. This is particularly-valuable in the trucking industry as truckers balance finances between getting paid and finding a new load. A factoring company for trucking removes financial constraints and provides flexibility by providing capital when truckers need it. With TBS Factoring you can Fuel your cash flow with a variety of truck factoring programs with the added benefit of changing programs if you decide another program is a better fit for you.

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What is a Factoring for Trucking?

Freight factoring is a financing tool that provides your company with immediate capital. Factoring is not a business loan. It’s based on you selling your invoices at a discount. In turn, you get cash immediately and the factoring company – not you – waits for payment.

Non-Recourse Factoring: TBS Takes the Credit Risk.

Our factoring company for trucking takes on risk so you don’t have to. If a load doesn’t get paid due to a credit problem, we take the loss. Shippers and brokers go out of business every month, still owing money to motor carriers. That’s why credit protection is a vital aspect of your truck factoring company.  If your business has 1 - 5 trucks with numerous customers and would be significantly compromised by a broker failing to pay, then Non-Recourse factoring is a good solution for you.

Recourse Factoring: you Take the Credit Risk.

If you take on more risk, you pay a lower fee on your invoices. If you are comfortable taking on more credit risk and can absorb a loss without debilitating effect, this program offers lower fees because TBS -- the factoring company -- is taking less risk.

A factoring company for trucking is a vital resource to truckers around the world. Don’t hesitate to contact us to discuss the freight factoring program that works best for you.

Compare Program Features

Non-Recourse

  • 100% of your money up front / no reserve account
  • No Volume Requirement
  • No Long-Term Commitment
  • No Sign-Up Fees
  • No Credit Score Minimum
  • Free On-Line Credit Checks
  • FedEx Program
  • Advance Program
  • Fuel Card

Recourse

  • Highest Advance Rates In Industry
  • Pricing Varies by Volume and Debtor Quality
  • No Volume Requirement
  • No Sign-Up Fees
  • Free On-Line Credit Checks
  • FedEx Program
  • Advance Program
  • Fuel Card

What Our Clients are Saying

Fast Funding: 3 Easy Steps


Always pre-approve credit before you accept a load


Prepare your Exhibit B (Schedule of Accounts)


Email, upload, fax or overnight packet to TBS

With our non-recourse program, if TBS does not collect – for credit reasons –
we do not come back to you for repayment
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