TBS Factoring Service
- Company typePrivate
- Founded1968
- HeadquartersOklahoma City, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
TBS Factoring Service firmographics
Firmographics- Name
- TBS Factoring Service
- Legal name
- TBS Factoring Service, LLC
- Website
- https://tbsfactoring.com
- Company type
- Private
- Founded year
- 1968
- Operating status
- Acquired
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
TBS Factoring Service industry classification
Industry- Product category
- Freight Factoring / Transportation Financial Services
- akta.pro primary industry
- Receivables Finance (Factoring, Invoice Discounting, Forfaiting) (FSABAHAD)
- akta.pro secondary industry
- Invoice Financing & Factoring (FSAKAGAC)
Keywords
Where TBS Factoring Service is headquartered
LocationHeadquarters
- HQ city
- Oklahoma City
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
TBS Factoring Service business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Freight Invoice Factoring: TBS purchases freight invoices from trucking companies at a discount (discount rate/factoring fee), providing immediate cash to truckers and owner-operators. Fees typically range from 1-5% of the invoice amount depending on credit quality, contract terms, and volume. Both non-recourse and recourse factoring options are offered. Non-recourse factoring transfers credit risk to TBS; recourse factoring keeps risk with the trucker but offers lower fees.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Non-Recourse Factoring |
| Transaction based/ take rate | Pay-as-you-go | Recourse Factoring |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
TBS Factoring Service product offering
Product offeringCore offering
TBS Factoring Service purchases freight invoices from trucking companies and owner-operators at a discount, providing same-day cash flow in place of 30-90 day payment cycles. It offers both non-recourse and recourse factoring options at industry-typical rates of 1-5% per invoice, supplemented by a proprietary mobile app (TBS: Get Paid®) with VeriFast™ GPS verification, fuel advances up to 50% of load value, discount fuel cards (EFS and Comdata), and trucking authority/permitting services.
Product overview
TBS Factoring Service operates as a unified financial services platform offering freight factoring as its core product, supplemented by a portfolio of integrated add-on services designed for the independent trucking and freight brokerage industries. The flagship TBS: Get Paid® App serves as the central digital hub, bundling invoice submission, GPS-based VeriFast™ verification, fuel advance requests, and credit checks into a single mobile experience. This core platform connects to ancillary services including Trucker's Bookkeeping (authority processing, permits, and compliance), Freight Broker Factoring, Discount Fuel Cards (EFS and Comdata), and the Fuel Advance Program. The company, headquartered in Oklahoma City under NATF Holdings, LLC, has over 50 years of industry experience and was founded as Truckers Bookkeeping Service in 1968. All services are designed to work together, with the factoring product serving as the primary revenue driver and the add-on services enhancing client retention and operational support for small-to-midsize trucking businesses.
Differentiator
Problem solved
Functional benefit
Brands
- TBS: Get Paid® App: Mobile application for freight factoring, credit checks, fuel advances, and account management
- VeriFast™
Products and services
- Freight Factoring
- TBS: Get Paid® Mobile App
- Trucker's Bookkeeping Service
- Authority Processing
- Freight Broker Factoring
- Discount Fuel Cards (EFS and Comdata)
- Fuel Advance Program
Quantifiable outcome
- Fuel savings up to $0.90 per gallon with TBS discount fuel cards
- +2 more outcomes
Companies that use TBS Factoring Service
Customer profileNamed customers1 record
Segments2 records
Ideal customer profiles2 records
TBS Factoring Service technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
TBS Factoring Service partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered flagship, core and minor.
- Love's Travel Stops (Love's Financial)flagshipLove's Financial acquired TBS Factoring Service (along with Saint John Capital and Financial Carrier Services) in deals that closed December 19, 2025. Love's declined to disclose the purchase price. The acquisition brings approximately 3,400 customers into Love's Financial fold, who will gain access to Love's nationwide travel center network including fuel discounts and the Love's Express Billing card program. This follows Love's July 2024 acquisition of REV Capital's U.S. transportation factoring portfolio.
- EFS (EFS Fuel Card)coreTBS offers the TBS EFS fuel card as one of its two discount fuel card options. The EFS card provides discounted fuel rates at truck stops nationwide, with savings up to $0.90 per gallon, loyalty programs on tires, parts, and legal services, and customizable spending limits and reporting.
- COMDATA (COMDATA Fuel Card)coreTBS offers the TBS Comdata fuel card as one of its two discount fuel card options. The Comdata card provides fuel discounts at truck stops nationwide, with savings up to $0.90 per gallon, and integration with TBS factoring payments for direct deposit to the card.
- ATA (American Trucking Associations)minorTBS references ATA as a helpful link for truckers in its resource center, indicating an informational/marketing partnership or cross-promotion for the trucking community.
- AITA (America's Independent Truckers' Association)minorTBS references AITA (America's Independent Truckers' Association) as a helpful link in its resource center for the trucking community.
- Truckers Bookkeeping ServicecoreTruckers Bookkeeping Service is a related entity within the TBS family of companies that provides MC processing, permitting, and fuel tax reporting services to truckers. TBS directs truckers needing DOT numbers or authority services to this sister company.
Scale indicators4 records
Recent moves4 records
Expansion highlights4 records
TBS Factoring Service competitors and assessment
Company assessmentDirect peers
- Triumph Business Capital: One of the largest freight factoring providers in the US, serving carriers and owner-operators with non-recourse and recourse factoring, fuel cards, and back-office services—directly comparable to TBS across product set and target customer.
- Apex Capital: Major freight factoring company offering non-recourse factoring, fuel advances, and fuel cards to small and mid-size carriers; competes head-to-head with TBS on rate, advance size, and digital workflow for owner-operators.
- OTR Capital: Transportation-focused factoring company providing same-day funding, fuel advances, and free credit checks to carriers and brokers—directly overlapping TBS's core small-carrier factoring offering.
- RTS Financial (eCapital): eCapital's RTS division provides freight factoring, fuel advances, and trucking back-office services to carriers and brokers; competes with TBS across the same SMB trucking factoring segment.
- TAFS (Transportation Alliance Financial Services): Freight factoring and back-office services provider for owner-operators and small fleets, offering same-day funding, fuel cards, and free credit checks—directly comparable in customer profile and product mix.
- Saint John Capital: Transportation factoring company acquired alongside TBS by Love's Travel Stops in December 2025; directly comparable in product set and customer profile, and now a sister company within Love's Financial.
- Financial Carrier Services: Trucking factoring and fuel card provider that was acquired alongside TBS by Love's in December 2025; comparable in target customer (small-to-mid carriers) and product mix.
- REV Capital: Transportation factoring company whose US portfolio was acquired by Love's in July 2024; close comparable in trucking factoring services and now part of the same Love's Financial ecosystem as TBS.
Broad incumbents
- Comdata: Major fleet fuel card and payment network that TBS partners with to offer the Comdata fuel card; comparable in the fuel-card leg of TBS's offering and a key infrastructure partner and adjacent competitor in fleet financial services.
- EFS (Enterprise Fleet Services): National fuel card and fleet payment provider; TBS's other fuel-card partner and a broad incumbent in trucking-related payment services that overlaps with TBS's discount fuel card value proposition.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
TBS Factoring Service social profiles
Digital presenceTBS Factoring Service financial estimates
Financial estimateRevenue estimate
Valuation estimate
TBS Factoring Service leadership team
Management profileNumber of profiles
TBS Factoring Service funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TBS Factoring Service M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about TBS Factoring Service
What does TBS Factoring Service do?
TBS Factoring Service purchases freight invoices from trucking companies and owner-operators at a discount, providing same-day cash flow in place of 30-90 day payment cycles. It offers both non-recourse and recourse factoring options at industry-typical rates of 1-5% per invoice, supplemented by a proprietary mobile app (TBS: Get Paid®) with VeriFast™ GPS verification, fuel advances up to 50% of load value, discount fuel cards (EFS and Comdata), and trucking authority/permitting services.
Is TBS Factoring Service a public or private company?
TBS Factoring Service is a private company. It is classified as corporate owned and is currently acquired.
When was TBS Factoring Service founded?
TBS Factoring Service was founded in 1968. It employs 101 to 250 people.
Where is TBS Factoring Service based?
TBS Factoring Service is headquartered in Oklahoma City, United States, in the North America region.
How does TBS Factoring Service make money?
One revenue line is on record: freight Invoice Factoring.
Who are TBS Factoring Service's main competitors?
Direct peers on record are Triumph Business Capital, Apex Capital, OTR Capital, RTS Financial (eCapital), TAFS (Transportation Alliance Financial Services), Saint John Capital, Financial Carrier Services and REV Capital. Broad incumbents are Comdata and EFS (Enterprise Fleet Services).
Does TBS Factoring Service have an API?
No public API is recorded for TBS Factoring Service.
What industry is TBS Factoring Service in?
TBS Factoring Service's product category is Freight Factoring / Transportation Financial Services. Its primary akta.pro industry code is FSABAHAD, Receivables Finance (Factoring, Invoice Discounting, Forfaiting), with a secondary code of FSAKAGAC, Invoice Financing & Factoring.