So Many Choices, Which Factoring Company is Right for Me?

When deciding between factoring companies, it is important to not just compare rates, but to actually review the total factoring COSTS to sell your invoice. Invoice fees, overnight fees, high aging fees, setup costs, etc. all add to the cost of factoring. At TAFS we believe in keeping costs low and our program straightforward. Most factors force you to overnight your paperwork to receive funds, many times adding $20-$30 per business day in overnight costs! Other factors offer a "teaser" rate like credit card companies. This rate typically only remains good if the invoice pays within a very short amount of time, then jumps up before your customer pays within their standard terms. The next time you are comparing factors, print this page and have them answer the questions below to find the TRUE COST of their program.

 TransAm
Financial Services
Competing Factor
Setup / Application Fees Never! $300 
Overnight Fees to Factor Never! $15 - $25 
Require Originals to Fund? Never!  Yes
Per Invoice Fee Never! $1.50 
Transaction Fees $5 $15 
Credit Checks 24/7 Free Online Access!  ?
Detailed Online Account Management Yes Basic, if any
Invoices Imaged and Archived Always!  Never
Fuel Discounts Crush the Pump Price! 1 - 2 cents only 

 

Scan your Invoices via Transflo Express!

Scan your Invoices via Transflo Express!

The fastest and easiest way to get your funds is via Transflo Express. Simply hand your paperwork to the cashier at over 750 locations nationwide and your paperwork is instantly scanned to your dedicated TAFS Account Administrator. Scan to Transflo by 2 pm CST and get your funds by 5 pm CST. It's that easy! Call (877) 898-9797 for more details.

Read More »

Crush the Pump Price with the TAFS Fuel Card

Crush the Pump Price with the TAFS Fuel Card

Get the card with the lowest transaction fees in the industry. Large fleets will envy the flat per gallon discounts TAFS offers our clients. Call (877) 898-9797 to speak to a Sales Account Manager today!

Read More »