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

Rate

Not publicly available

Rate Match Guarantee: We will match or beat your current rate

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

Outgo reduces factoring costs and headaches

Check out how we compare to TAFS and Triumph.

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.

Four hours or less funding qualifications

• Broker is approved for factoring
• Documents are submitted before 3pm EST / 12pm PST
• You’ve previously worked with this broker on the Outgo platform

If the broker isn’t approved or the invoice isn’t eligible for factoring, funds will be deposited in your Checking account when the invoice is paid by the broker.

Outgo card fees

• ATM

  • In Network: Free
  • Out of Network: $2.50

• Domestic Transactions: Free

• International Transactions: 1%

What do you mean by banking?

Your FDIC Insured business bank account is provided by our banking partner Blue Ridge Bank.

Funds in this account are insured up to $250,000.

FDIC Stands for Federal Deposit Insurance Corporation

Don’t just take our word for it

David Brooks, RJDB:
“In 25 years of business, I’ve never met a company that provides 5-star service for 1-star prices.”

Kelley Transportation:
“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.”

Hvtransport LLC:
“Best thing I have done in the last 8 years being in the trucking industry is switch to Outgo. Truly the best factoring company...”

Get started with Outgo

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