Financial Carrier Services

What Financial Carrier Services does

Financial Carrier Services (d/b/a TBS Charlotte) is a US freight factoring and transportation financing company serving independent truckers and small-to-midsize trucking companies. Founded in 2010 and headquartered in Charlotte, NC with a Dallas, TX mailing address, the company purchases freight invoices at a discount, providing carriers with immediate working capital in lieu of waiting for broker and shipper payment terms. Its core product, Freight Factoring, advertises up to 100% advances on factored invoices, supplemented by a mobile phone-based "Get Paid" service for paperless invoice submission, a Fuel Advance program, a Line of Credit facility, and ancillary logistics technology tools. Customer acquisition runs through a B2B sales-led motion combining a website lead form, an inside-sales phone team (866-899-7080), and word-of-mouth referrals, with each account supported by a dedicated customer service representative.

The business operates on a transaction-fee revenue model, earning the spread between the face value of purchased freight invoices and the discounted price paid to carriers; pricing is quote-based and not publicly disclosed. FCS is reported to serve approximately 1,133 customers (its portion of the 3,400 customers Love's Travel Stops aggregated through a December 19, 2025 acquisition of FCS, TBS Factoring Service, and Saint John Capital). The technology stack is a relatively conventional web and mobile factoring platform (carrierfs.com marketing site, app.tbschr.com account portal) with no disclosed AI/ML, proprietary underwriting models, or patent portfolio.

As of December 2025, FCS is wholly owned by Love's Travel Stops and operates within Love's Financial services arm. The acquisition gave FCS customers access to Love's nationwide travel center network and the Love's Express Billing card program, effectively extending the company's distribution and product surface beyond standalone factoring into bundled fuel and payment services. Leadership disclosed in the input data is limited to Alex Kelis, Vice President of Sales & Marketing.

Name

Financial Carrier Services

Legal name

Financial Carrier Services

Website

https://financialcarrierservices.com

Company type

Private

Founded year

2010

Operating status

Acquired

Headcount range

51–100 employees

Short description

Financial Carrier Services is a US freight factoring company that purchases freight invoices at a discount to provide immediate working capital to independent truckers and small-to-midsize trucking companies, and was acquired by Love's Travel Stops in December 2025.

Ownership category

akta.pro rank

Product category

Freight Factoring

akta.pro primary industry

Invoice Financing & Factoring (FSAKAGAC)

akta.pro secondary industry

Receivables Finance (Factoring, Invoice Discounting, Forfaiting) (FSABAHAD)

Keywords

• Freight factoring services
• Transportation financing
• Invoice factoring
• Trucking factoring
• Freight bill factoring

Headquarters

HQ city

Charlotte

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, Others

Revenue model

1. Freight Factoring Fees: Transaction-based revenue model where Financial Carrier Services purchases invoices from trucking companies at a discount, providing immediate cash flow to carriers while earning the difference between face value and purchase price. The company also offers fuel advances as a complementary service.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Financial Carrier Services purchases freight invoices from trucking companies and independent truckers at a discount, providing immediate cash flow of up to 100% of invoice value. The core factoring service is complemented by a mobile Get Paid workflow, a fuel advance program, lines of credit, and access to logistics technology tools, all delivered to U.S. trucking operators.

Product overview

Financial Carrier Services operates as a freight factoring services company serving the trucking and logistics industry. The core product is Freight Factoring, which provides invoice factoring with up to 100% advances. This is supplemented by Get Paid (mobile-based payment processing), Fuel Advance (fuel financing), Line of Credit (business financing), and Logistics Technology Tools. The company is d/b/a TBS Charlotte and operates under the TBS Charlotte parent organization.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• 100% freight invoice advances available to factoring partners
• +1 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Love's Travel Stops / Love's FinancialflagshipStrategic or Co-development Partner · 19 December 2025Love's Travel Stops acquired Financial Carrier Services along with TBS Factoring Service and Saint John Capital on December 19, 2025. The acquisition added approximately 3,400 customers to Love's Financial fold. FCS customers now gain access to Love's nationwide travel center network, including fuel discounts and the Love's Express Billing card program. Love's declined to disclose the purchase price.

Scale indicators2 records

Recent moves4 records

Expansion highlights4 records

Broad incumbents

• BlueVine: BlueVine is a digital SMB financing platform offering invoice factoring, lines of credit, and business banking. It is a broader fintech incumbent that competes with FCS in invoice factoring, though not vertically focused on trucking.
• WEX Inc. WEX is a large payments and fleet solutions platform that acquired OTR Capital in 2024 and offers fuel cards, factoring, and fleet management. It operates more broadly than FCS but has direct overlap in trucking factoring and fuel card programs.

Direct peers

• Riviera Finance: Riviera Finance is a longstanding commercial finance company providing accounts receivable financing and freight factoring to small and midsize businesses, with a heavy concentration in trucking. Comparable to FCS in customer type, product (factoring), and target segment.
• Apex Capital Corp: Apex Capital is a major freight factoring provider for the trucking industry, offering same-day funding, fuel advances, and a fuel card program. It directly competes with FCS on the same SMB trucking customer base with a similar product suite.
• Triumph Business Capital: Triumph is one of the largest US freight factoring companies, offering non-recourse factoring, fuel cards, and working capital to small and midsize carriers. It is a direct head-to-head competitor to Financial Carrier Services with a comparable target customer and product set.
• eCapital: eCapital provides freight factoring, invoice financing, and asset-based lending with a significant transportation vertical. It competes directly with FCS in trucking factoring while also serving adjacent industries.
• TBS Factoring Service: TBS Factoring Service is a freight factoring company that was acquired alongside Financial Carrier Services by Love's Travel Stops in December 2025. It is a sister company within Love's Financial with an overlapping trucking factoring offering.
• Saint John Capital: Saint John Capital is a freight factoring and commercial financing company also acquired by Love's Travel Stops in December 2025 alongside Financial Carrier Services. It is a sister entity serving a near-identical customer profile in trucking factoring.
• OTR Capital Solutions: OTR Capital is a non-recourse freight factoring and back-office services provider focused on small trucking companies and owner-operators. It is a direct competitor in trucking-specific factoring and was itself acquired by WEX in 2024, providing a recent strategic precedent.

Others

• Love's Financial: Love's Financial is the financial services arm of Love's Travel Stops, the parent company that acquired Financial Carrier Services in December 2025. It is the immediate corporate parent and platform through which FCS's factoring product is now distributed.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/fincarrierserv

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Financial Carrier Services