TBS Factoring goes paperless

Updated Jan 30, 2017

Oklahoma City-headquartered TBS Factoring Service, a provider of cash flow, business, and compliance solutions for independent truckers, welcomed its 10,000th client and entered the new year with a new paperless platform to better serve clients.

Larry McNeil, owner of Trecal Transportation of Roswell, Ga., drew lucky number 10,000, awarded a $250 prize and free electronic transfers from TBS for a year.


“That was a nice surprise,” said McNeil, a hotshot hauler who asked other truckers for recommendations before signing with TBS, the company says. “A small business person like myself can’t stay in business without factoring.”

Priding itself on customer service, TBS says, the company is streamlining processes to meet client needs with greater speed and convenience. “Solving small business cash flow problems is our business,” said Jennifer Fogg, TBS president. “And we believe that the best way to do that, going forward, is with a technology platform that will help our clients succeed at the speed of change.”