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Find a Location

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

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    Business ProfileforTBS Factoring Service, LLC

    Factoring Services

    At-a-glance

    Customer Reviews

    1.15/5stars

    Average of 27 Customer Reviews

    Customer Complaints

    60 complaints closed in last 3 years

    27 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

    06/11/2024

    Complaint Type:
    Order Issues
    Status:
    Resolved
    Beginning of March we reached out to TBS to restart our business in factoring with them. We get a response to send over our information, license, bank info, etc to get the account restarted and we immediately respond in doing so on March 15. A week goes by with no response. We call, we email, asking for updates and do not get a single response. We decide to go with another company as they are not responsive for us to do business with them. We get started with another company only to then get a call from a TBS manager requesting that we stay on March 22. We decline, stating that we are already starting to do business with this other company and as they never finished our paperwork for this round then we shouldn't have any issues in termination. On April 9th this other company then finds there are 2 UCC's on our company. One from 2021 with TBS from our first-time doing business with them and one filed by a secured party on March 18th, 2024. Around April 12th we find out it is TBS who holds this second UCC. We then attempt to start going through the process of receive the Buyout calculations and AR List around May 9th we send two requests to be told to go to a different email. We then send the request to the no email with no response. We get an email on May 16th stating they haven't heard from us in over a year and wanted updates. We inform them we need the Buyout Calculations again and to be released from the company only to be informed we should stay. We inform again we want to terminate and they tell us to refer to our contract on how to terminate. May 17th we request that contract with no response. May 23rd we request the contract with no response. June 6th we send an email stating this is our official termination letter with no response. June 11th they call stating they haven't heard from us in over a year. We inform we want to terminate to be officially informed it has to be through certified mail and will take 60 days. 4 months and no contract or termination.
    Read More

    Customer Reviews

    27 Customer Reviews

    What do you think? Share your review.

    How BBB Processes Complaints and Reviews

    Start a Review

    Most Recent Customer Review

    Angelo J

    1 star

    07/23/2024

    I've been with TBS for 12 years. At 1st, everything was great! But these last few years...has been h*** No communication, massive chargebacks, UCC leans on companies, workers have attitude...The place just *****. If anyone is reading this, I am the sole owner of my company. TBS messes over the little guys like us. Bring your business elsewhere.

    Local BBB

    Better Business Bureau Serving Central Oklahoma

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