TAFS provides accounts receivable financing, a.k.a. factoring. Factoring is when your company’s accounts receivable are converted into cash by selling outstanding invoices to us, the factor. Rather than waiting for your customers to remit payments based on 30, 60, or 90-day terms, we quickly advance a percentage of the invoice to your business. This steady cash flow helps fund your critical business expenses such as payroll, fuel, insurance, and maintenance.
TAFS is a subsidiary of TransAm Trucking, a refrigerated trucking company with nearly 30 years of experience. TransAm’s success and strong financial position allowed it to create new ways to help meet the needs of the trucking industry. TAFS uses the TransAm experience in the trucking industry to help our clients grow every day.