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TBS Factoring hits $1 billion funding mark, earns best places to work award

TBS Factoring hits $1 billion funding mark, earns best places to work award

OKLAHOMA CITY — TBS Factoring Service, a provider of capital funding solutions, surpassed $1 billion in annual small business and transportation funding for the first time since it entered the funding business in 2004.

At the same time, the company has been ranked as one of the Best Places to Work in Oklahoma.

“Our unprecedented growth over the past 10 months is both a testament to our ongoing investment in technology to serve our clients better, and our commitment to being a happy workplace,” said Jennifer Fogg, president of TBS. “When our associates enjoy coming to work, that reflects in the way they serve our clients. It reverberates outward.”

Fogg said the TBS brand has gained significant national exposure with its commitment to nurturing the next generation of motor carriers by offering free motor carrier authorities.

“The company has also experienced tremendous growth outside the transportation industry, due, in part, to an increased focus on construction vendor financing,” Fogg said.

The best places to work ranking by The Journal Record newspaper and Best Companies Group is based on confidential employee interviews and an independent review of workplace policies, practices and demographics. TBS, with 218 associates, ranked fourth on this year’s list – the company’s fifth consecutive top-five finish since its debut on the list in 2014.

“I can’t think of a better present to mark our 50th Anniversary, than to know, after all these years – and during a year of record growth – that our associates are as happy and excited to work here, as we are to be working with them,” Fogg said.

The Journal Record said TBS was recognized for its gratitude-based culture exemplified by company-sponsored family events, massive holiday parties with live bands, bring-your-dog-to-work days, pajama and costume days, spontaneous surprise parties, talent shows, community service fundraisers, indoor scavenger hunts, sports leagues, happy hours, and a culture wall dedicated to highlighting achievements and activities within the company.

TBS Factoring Service is celebrating 50 years providing working capital solutions to small business with emphasis on transportation and construction.

For more information, visit www.tbsfactoring.com.

The Trucker News Staff

The Trucker News Staff produces engaging content for not only TheTrucker.com, but also The Trucker Newspaper, which has been serving the trucking industry for more than 30 years. With a focus on drivers, the Trucker News Staff aims to provide relevant, objective content pertaining to the trucking segment of the transportation industry. The Trucker News Staff is based in Little Rock, Arkansas.

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The Trucker News Staff produces engaging content for not only TheTrucker.com, but also The Trucker Newspaper, which has been serving the trucking industry for more than 30 years. With a focus on drivers, the Trucker News Staff aims to provide relevant, objective content pertaining to the trucking segment of the transportation industry. The Trucker News Staff is based in Little Rock, Arkansas.
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