TBS Factoring Service

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

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

• Freight factoring
• Trucking factoring
• Fuel advance program
• Freight broker services
• Trucking authority services

Headquarters

HQ city

Oklahoma City

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. 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

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core 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

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Six partnerships are on record, tiered flagship, core and minor.

• Love's Travel Stops (Love's Financial)flagshipOthers · 19 December 2025Love'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)coreOthersTBS 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)coreOthersTBS 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)minorOthersTBS 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)minorOthersTBS references AITA (America's Independent Truckers' Association) as a helpful link in its resource center for the trucking community.
• Truckers Bookkeeping ServicecoreOthersTruckers 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

Direct 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

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Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TBS Factoring Service