Is TBS Factoring a direct funder or a broker?

TBS Factoring is a direct funder — they underwrite and deploy capital from their own balance sheet (or institutional credit facility), not by routing your file to other lenders. This matters because direct funders are accountable for the terms they quote.

What's the minimum revenue TBS Factoring will fund?

TBS Factoring's published floor is $10,000 in factorable invoices in average monthly revenue, with 0 months minimum time in business. Credit score floor is Any (TBS underwrites shipper credit, not carrier). These are box minimums — actual approval requires bank statements showing consistent daily deposits and acceptable NSF history.

How fast can TBS Factoring fund?

TBS Factoring's public speed quote is Same-day funding for verified invoices. In practice, clean files (consistent revenue, no NSFs, no second position) fund at the fast end of that range. Files needing additional documentation, second-position deals, or larger amounts ($250K+) take longer.

Should I go directly to TBS Factoring or through a broker?

Going direct gets you a single quote with no broker commission baked into the factor rate. Going through a broker (like Fundnode) gets you scored against multiple funders, including TBS Factoring, with full disclosure of how we earn. There's no universal right answer — but if you only want one quote, going direct saves the broker's cut.

TBS Factoring Review 2026 — Rates, Terms, Honest Verdict

Best for: Trucking carriers — invoice factoring specialty. Amount range: Per-invoice up to $10,000,000 monthly volume. Speed: Same-day funding for verified invoices. Below: the rate card, the watch-out, alternatives we'd compare against, and the honest verdict.

TL;DR

TBS Factoring ranks #48 in our 2026 funder ranking. Best for trucking carriers (1+ truck) with consistent loads against verifiable shippers wanting same-day cash on every invoice. The strength: One of the largest trucking-specific factoring companies. The watch-out: Trucking-only.

TBS Factoring rate card 2026

Category	Specialty vertical
Best for	Trucking carriers — invoice factoring specialty
Amount range	Per-invoice up to $10,000,000 monthly volume
Cost (factor / APR)	1 – 3% per invoice (recourse); 2 – 4% (non-recourse)
Speed to fund	Same-day funding for verified invoices
Min time in business	0 months
Min monthly revenue	$10,000 in factorable invoices
Min credit score	Any (TBS underwrites shipper credit, not carrier)

The strength — what TBS Factoring does better than anyone

One of the largest trucking-specific factoring companies. Built-in fuel card, free credit checks on brokers/shippers, load board integration. Strong fit for owner-operators and small fleets.

The watch-out — what TBS Factoring doesn't put in marketing

Trucking-only. Recourse factoring means you owe the advance back if the shipper doesn't pay. Non-recourse rates higher. Long-term contracts standard — verify exit terms.

Who TBS Factoring is best for

Trucking carriers (1+ truck) with consistent loads against verifiable shippers wanting same-day cash on every invoice.

Who shouldn't apply

Merchants ranking solidly above TBS Factoring's box may want to apply to OnDeck or Credibly first for cheaper money. Established multi-location operators may get better terms at OnDeck or NewCo Capital Group. As with any MCA decision, the cheapest money is the money you don't borrow — start with the calculator at /calculator to see if the deal you'd take from TBS Factoring actually makes sense.

How TBS Factoring compares to the rest of the top 10

Funder	Category	Cost	Speed
TBS Factoring (this funder)	Specialty vertical	1 – 3% per invoice (recourse); 2 – 4% (non-recourse)	Same-day funding for verified invoices
Credibly	MCA + multi-product	Factor 1.11+ (MCA); APR varies for term + LOC	As fast as 4 hours
Greenbox Capital	Multi-product	Factor varies; published up to 19% ISO commission	24 – 48 hours
Accord Business Funding	MCA specialty	Factor varies by paper grade (often 1.40+)	Next-day for approved files
Bluevine	LOC	APR 6.2% – 27%	1 – 3 business days
OnDeck	Term + LOC	Term APR 27%+; LOC APR 30%+	Same-day for approved files

What to ask TBS Factoring before signing

"What's the APR-equivalent on this deal?" A funder who can't or won't quote it has something to hide. Required disclosure in five states as of 2026.
"Is there a prepayment discount?" Some funders charge the full factor regardless of payoff speed. Get the discount in writing before you sign.
"What's the reconciliation policy if my revenue drops?" The best funders adjust the daily ACH downward when deposits drop. Many won't. Ask in writing.
"Will you stack on top of an existing position?" Stacking is one of the top reasons MCA merchants default. If a funder accepts second/third position freely, that's a yellow flag for the merchant.

Frequently asked questions

Is TBS Factoring a direct funder or a broker?: TBS Factoring is a direct funder — they underwrite and deploy capital from their own balance sheet (or institutional credit facility), not by routing your file to other lenders. This matters because direct funders are accountable for the terms they quote.
What's the minimum revenue TBS Factoring will fund?: TBS Factoring's published floor is $10,000 in factorable invoices in average monthly revenue, with 0 months minimum time in business. Credit score floor is Any (TBS underwrites shipper credit, not carrier). These are box minimums — actual approval requires bank statements showing consistent daily deposits and acceptable NSF history.
How fast can TBS Factoring fund?: TBS Factoring's public speed quote is Same-day funding for verified invoices. In practice, clean files (consistent revenue, no NSFs, no second position) fund at the fast end of that range. Files needing additional documentation, second-position deals, or larger amounts ($250K+) take longer.
Should I go directly to TBS Factoring or through a broker?: Going direct gets you a single quote with no broker commission baked into the factor rate. Going through a broker (like Fundnode) gets you scored against multiple funders, including TBS Factoring, with full disclosure of how we earn. There's no universal right answer — but if you only want one quote, going direct saves the broker's cut.
What's TBS Factoring's biggest weakness vs alternatives?: Trucking-only. Recourse factoring means you owe the advance back if the shipper doesn't pay. Non-recourse rates higher. Long-term contracts standard — verify exit terms.

TBS Factoring — honest 2026 review.