Non-Recourse vs. Recourse Factoring

What is freight factoring?

Freight factoring is a financial tool that provides you with immediate working capital by factoring your invoices. Factoring involves selling your invoices at a discount. In turn, you get immediate cash and TBS—not you—waits for payment. 

Non-Recourse: TBS Takes the Risk

If a customer doesn’t pay due to their own credit or funding issues, TBS takes the loss! We will not come to you for repayment.

Benefits:

  • No Reserve Account
  • No Volume Requirement
  • No Long-Term Commitment
  • No Sign-Up Fees
  • No Personal Credit Score Minimum
  • Free Online Credit Checks
  • FedEx Program
  • Advance Program
  • Fuel Card

Recourse: You Take the Risk

This option offers lower fees because you take on more risk. If a customer doesn’t pay, you are on the hook for that money. If your company has enough funding to take that risk, recourse factoring may work for you.

Benefits:

  • Highest Advance Rate In the Industry
  • Pricing can vary by Volume and Debtor Quality
  • No Volume Requirement
  • No Sign-Up Fees
  • Free On-Line Credit Checks
  • FedEx Program
  • Advance Program
  • Fuel Card

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