Outgo vs. TBS: Which is the better factoring company?
Here’s what Outgo offers
Rates as low as 1.0%
No annual contracts
Non-recourse
Instant access to funds
No reserves
Rate Match Guarantee
Compare for yourself
TBS
Rates based on your fleet size:
- Owner-operator: Less than $18k monthly invoicing - 3%
- Fleets: $18k-$80k monthly invoicing - 2.5%
- Custom: $80k+ monthly invoicing - Custom
Smart Factoring
Get an an even lower rate with Smart Factoring
1% on purchases with the Outgo Card
Payout speeds
Funds within 24 hours
Funds within 4 hours
Even better—65% of our invoices are factorable in 90 minutes or less. 25% of invoices within 15 minutes.
Contracts
Short and long-term contracts
Dependent on if you select recourse or non-recourse option.
- Short-term contracts: Free to cancel within 15 days.
Reserves
- No reserves: If a factorable broker goes bankrupt or folds, you won’t have to repay payments received.
Broker credit checks
- Free broker credit checks
Fees not publicly available
Factor instantly on your Outgo Card
1.0% fee (max $20.00)
ACH transfers: Free ACH transfers
Wire transfers: $20.00 wire transfers
Don't just take our word for it
“In 25 years of business, I’ve never met a company that provides 5-star service for 1-star prices.”
David Brooks, RJDB
“We are so glad we chose to make the switch to Outgo and we appreciate the great service and support they continue to give our business.”
Kelley Transportation
“Best thing I have done in the last 8 years being in the trucking industry is switch to Outgo. Truly the best factoring company...”
Hvtransport LLC
Outgo reduces factoring costs and headaches
Check out how we compare to TAFS and Triumph.
Apply to Outgo today.
Get started with Outgo.
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Get fast funds.
We review and process payments within 4 hours of invoice upload.
50% of invoices get paid in 90 minutes or less and half of those are paid within 15 minutes.