Skip to main content

Cookies on BBB.org

We use cookies to give users the best content and online experience. By clicking “Accept All Cookies”, you agree to allow us to use all cookies. Visit our Privacy Policy to learn more.

Cookie Preferences

Many websites use cookies or similar tools to store information on your browser or device. We use cookies on BBB websites to remember your preferences, improve website performance and enhance user experience, and to recommend content we believe will be most relevant to you. Most cookies collect anonymous information such as how users arrive at and use the website. Some cookies are necessary to allow the website to function properly, but you may choose to not allow other types of cookies below.

Necessary Cookies

What are necessary cookies?
These cookies are necessary for the site to function and cannot be switched off in our systems. They are usually only set in response to actions made by you that amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. You can set your browser to block or alert you about these cookies, but some parts of the site will not work. These cookies do not store any personally identifiable information.

Necessary cookies must always be enabled.

Functional Cookies

What are functional cookies?
These cookies enable the site to provide enhanced functionality and personalization. They may be set by us or by third party providers whose services we have added to our pages. If you do not allow these cookies, some or all of these services may not function properly.

Performance Cookies

What are performance cookies?
These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site. All information these cookies collect is aggregated and therefore anonymous. If you do not allow these cookies we will not know when you have visited our site, and will not be able to monitor its performance.

Marketing Cookies

What are marketing cookies?
These cookies may be set through our site by our advertising partners. They may be used by those companies to build a profile of your interests and show you relevant content on other sites. They do not store personal information directly, but are based on uniquely identifying your browser or device. If you do not allow these cookies, you will experience less targeted advertising.

Find a Location

TBS Factoring Service, LLC has 1 locations, listed below.

*This company may be headquartered in or have additional locations in another country. Please click on the country abbreviation in the search box below to change to a different country location.

    Country
    Please enter a valid location.

    Business ProfileforTBS Factoring Service, LLC

    Factoring Service

    At-a-glance

    Customer Reviews

    1.14/5stars

    Average of 29 Customer Reviews

    Customer Complaints

    60 complaints closed in last 3 years

    26 complaints closed in last 12 months

    Customer Reviews are not used in the calculation of BBB Rating

    Reasons for BBB Rating

    Related Categories

    Overview

    With more than 50 years of experience serving motor carriers, TBS Factoring Service makes trucking easier with technology and services to help drivers get established, stay compliant, find loads, and get paid faster. Based in Oklahoma City and voted one of the best places to work in Oklahoma, the TBS family of companies is driving change for small businesses with its commitment to digital transformation. Our roots in the transportation industry are deep and wide. We understand shrinking margins due to fluctuations in fuel costs, load rates, and costly repairs. Whether it's one truck or a small fleet, cash flow is the lifeblood of a truckers business and our seasoned, dependable staff will provide them with fast, simple, and efficient service.

    Products & Services

    This company offers transportation factoring and purchase trucking invoices.

    Business Details

    Location of This Business
    7740 NW 85th Ter, Oklahoma City, OK 73132-3367
    BBB File Opened:
    12/17/2007
    Years in Business:
    20
    Business Started:
    2/4/2004
    Business Started Locally:
    1/1/2003
    Business Incorporated:
    3/2/2004
    Type of Entity:
    Limited Liability Company (LLC)
    Hours of Operation

    Primary

    M:
    8:00 AM - 5:00 PM
    T:
    8:00 AM - 5:00 PM
    W:
    8:00 AM - 5:00 PM
    Th:
    8:00 AM - 5:00 PM
    F:
    8:00 AM - 5:00 PM
    Sa:
    Closed
    Su:
    Closed
    Business Management
    • Mr. Zachariah deBrugge, Customer Service Representative
    Contact Information

    Customer Contact

    • Mr. Zachariah deBrugge, Customer Service Representative
    Additional Contact Information

    Phone Numbers

    Email Addresses

    Customer Complaints

    60 Customer Complaints

    Need to file a complaint? BBB is here to help. We'll guide you through the process. How BBB Processes Complaints and Reviews

    File a Complaint

    Most Recent Customer Complaint

    03/29/2024

    Complaint Type:
    Product Issues
    Status:
    Answered
    Financial Carrier Services, dba TBS ********* has extremely shady business practices. I've been attempting to get in contact with them since the end of 2023 regarding charge backs that were paid to them by brokers. They refuse to answer emails, calls, or messages pertaining to missing reserve funds. My business, that I worked so hard to grow, is now being closed due to their inability to communicate. Then, while refusing to address the charge back issue, they had the audacity to charge back something else leaving my reserve balance at -$4,397.00 with no explanation. I'm a single parent now homeless because the reserve they kept deducting from was stolen. I could not afford to give them money as I needed my money to run the business and live. Still, no explanation as to why they won't explain taking my hard earned money. I cannot make money because most people can only afford to to pay insurance without working for so long. I will not run anymore loads, if I could, just for them to say I owe them but really don't. There is enough complaints to make me wonder why they are still in business. I debated a very long time about this complaint due to being with them since 2019 but after losing everything, what's the point of being afraid of not being released? I'm not sure if the business is even open anymore as I can't even get an answer when calling. I wish I knew better...
    Read More

    Customer Reviews

    29 Customer Reviews

    What do you think? Share your review.

    How BBB Processes Complaints and Reviews

    Start a Review

    Most Recent Customer Review

    Glenn B

    1 star

    02/23/2024

    In October of 2023 my account with TBS was fraudulently changed with no verification from TBS. The loads I was factoring was going to ********** in ********** and they will not talk to me on this matter.i have contacted tbs weekly about this and get the same message we will get back with you and not here a thing until I contact them again. My account manager is no longer with TBS. *** turned information from my local sheriffs department over to them also . Now they are harassing my broker every time I do loads for them.Looks like we will not get our money for these jobs so I would not recommend doing business with TBS factoring company in *******

    TBS Factoring Service, LLC Response

    02/28/2024

    Hi *****. Your feedback is an essential part of our efforts to improve our services and meet your business needs as a valued TBS client. We regret any distress or inconvenience you may have encountered with your account. At ********************, the security and satisfaction of our clients are of paramount importance, and we are dedicated to ensuring a suitable resolution to your concerns.We acknowledge that while the necessary verification and actions steps were undertaken at the time of the reported fraud incident, there may have been a lapse in communicating the resolution, particularly since the representative initially handling your case is no longer with our company. In light of your recent feedback, we have conducted a further review of your account and the incident in question. Please rest assured, TBS adhered to all required verification procedures in place at the time. We have stringent protocols for such situations and are committed to continually reviewing and updating these procedures as necessary.We are dedicated to maintaining open and constructive dialogue with you to reach a mutually satisfactory resolution. Your business partnership is highly valued, and we thank you for choosing TBS.

    Local BBB

    Better Business Bureau Serving Central Oklahoma

    BBB Reports On

    BBB reports on known marketplace practices.

    BBB Business Profiles may not be reproduced for sales or promotional purposes.

    BBB Business Profiles are provided solely to assist you in exercising your own best judgment. BBB asks third parties who publish complaints, reviews and/or responses on this website to affirm that the information provided is accurate. However, BBB does not verify the accuracy of information provided by third parties, and does not guarantee the accuracy of any information in Business Profiles.

    When considering complaint information, please take into account the company's size and volume of transactions, and understand that the nature of complaints and a firm's responses to them are often more important than the number of complaints.

    BBB Business Profiles generally cover a three-year reporting period. BBB Business Profiles are subject to change at any time. If you choose to do business with this business, please let the business know that you contacted BBB for a BBB Business Profile.

    As a matter of policy, BBB does not endorse any product, service or business.