TAFS Factoring User Reviews

What users say

Top reviews

TAFS APP

The app was working fine until the last update. Now the app moving extra slow. Taking a year to submit one invoice. Fix it now

Muy mal

Es la peor factory que conozco deberían pensarlo antes de hacer contrato con TAFS yo cuento los días para poder salirme de ellos

It's the worst factory I know. Think carefully before signing a contract with them. They don't help you at all, and when there's a problem with a shipment, you have to do their job yourself.
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TAFS is an Absolute Nightmare: Approved Funds Go Unpaid

DO NOT USE THIS COMPANY. TAFS IS GUARANTEED TO SINK YOUR BUSINESS.

If you are a new company looking for reliable financial partners or factoring services, please heed this warning and run away from TAFS. Choosing them has been the single worst financial decision our business has ever made.

We provided TAFS with several batches of invoices that were submitted, verified, and fully approved within their own system. However, when it came time for payment, the funds simply never arrived. Our money was held hostage with zero transparency.

Operating Like Thieves

This isn't just a failure of service or a common delay; this is deliberate non-payment on verified assets. TAFS is essentially operating by holding onto money that legally belongs to their clients. When we attempt to follow up on the already-approved funds, we are met with endless bureaucratic excuses, transferred between departments, and often ignored entirely.

To be perfectly clear: TAFS are thieves. They have effectively stolen our working capital by refusing to release payment on work that has already been verified and approved by them. This has caused severe damage to our operational cash flow and threatened our ability to meet our own obligations.

The Final Warning

Our experience shows that TAFS cannot be trusted with your accounts, especially if you are a smaller business that relies on timely payment. They will hold your approved money hostage, damage your relationships, and put your company at risk.

No legitimate, responsible company should ever use TAFS. We urge everyone to find a reputable factor who honors their agreements and releases approved funds on time.
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LOOK SOMEWHERE ELSE!!!!!

The WORST FACTORING Company!
I wish it had a Zero Star Rating!
They will make up ANY EXCUSE to SPLIT INVOICES & CHARGE YOU FEES SEPARATELY!!!
They will make any DUMB EXCUSE,like,
"The BOL was handwritten," or "We can't get in touch with Broker to verify," or "The Zip code is not right, or it does not match," or "The address doesn't match," RIDICULOUS EXCUSES TO GET MORE MONEY OUT FROM EVERY SINGLE TRANSACTION!
We are so DONE with these people! THEY GET WORSE EVERY WEEK!!!!
Around 5-6 Years of BULL CRAPPP!!!!!
Looking for a better Factoring Company Pretty SOON!!!!!
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Run Away FAST!!!

When I first spoke with the sales people at TFAS, yes it all sounded good. I turn in a bill before 2 pm central, I’ll be paid at 5pm central. If I turn it in after 2pm, I’ll receive my money the next day. Flat rate fees that are known up front, quick deposits for easier money access for paying bills…especially fuel. That’s the short of the sales pitch.

Reality, turn in before 2pm and if they process the BoL by 2pm, you’ll be paid about midnight. You won’t know for sure till that time. If they don’t process it by 2pm, though you may have turned in your paperwork at 8 or 10 am as an example, you may get paid at the following midnight.

They will not release any money to you until the broker has authorized it and guarantee the payment for that load. It doesn’t matter if the broker is in good standing with them and holds a 100% credit rating.

Let’s say you chose to do business with a broker that doesn’t pas their credit check, no money will be released until they get paid from the broker. (That makes sense).

The problem is, there is always a delay in receiving your money. If the account is auto approved, money won’t be released until an email is sent to the broker…see above. The way businesses is conducted is condescending when your account team talks with you. They only listen to you waiting for a brake in your sentence so they can interrupt with what they have to say. Whom ever answers the phone, that is the only person you may speak with, there is no manger or supervisor available nor will you ever receive a call back from anyone with that title. The CEO can easily be found on LinkedIn. There are to many other factoring companies that hold to their work to help you and your business grow….TAGS is NOT one of them. TUN AWAY!!!

When my current contract is complete, I’ll be firing this company
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Stay away!

Horrible factoring company. stay away or go to OTR factoring.

Dont waste your time

My recommendation don’t work with this company, you will have a bad experience when you want to leave. They are the worst factoring company ever!

Worst decision I’ve ever made

I can’t wait until they finally allow me to end my contract!!! The amount of money lost at the hands of fees and chargebacks is ridiculous

Mal trato por parte del agente David

And today I put this bad review again for agent David in the TAF financial office because he is the only agent I talked to so much and he is a troublemaker, he doesn't like to solve problems, he always creates a problem and makes this institution look bad . The truth is that it is not very good but I am not going to touch on that topic because at this moment I am not in the time to do so, but I clarify that because of people like this institution or factory, the majority of their clients complain. and I personally do not recommend it. Nobody, do not look for another stop to invoice your loads because you will have problems if the brokers delay paying as is my case now that the broker says that I pay from the following month that I made the load and they say that they have not received the payment. a way to retain your money is the worst this David stains the little good image that this factory could have
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1990s Apps are real

Well I didn’t know they existed but this app is straight out of the 1998-2002 internet era. They have not updated anything. They are also bullies and will cost you more money than you are aware. Their salesman I dealt with was sly and deceptive and I didn’t see it soon enough. I later found out he was fired/let go from the company but they refuse to do what is right for the people he signed on. I can’t wait until April 2025 when I get out of this nonsense as I’m unable to afford a lawyer to break your bully of a contract.
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Update app

It’s always crashing, sometimes can’t load documents , I have to delete the app and install it again in order for it to work right can you put the company name in

WORST FACTORING COMPANY EVER

Please keep your company away from this factoring company. They will keep you against your will. Once you signed the contract consider yourself as a hostage of TAFS. They won’t let you go. READ ALL THE REVIEWS THEY HAVE ON GOOGLE AND THE BEST BUSSINES BUREAU (BBB). DO NOT GET YOUR COMPANY INVOLVED WITH TAFS.
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pretty bad Comoany - not Customer Service 25/7

this is one the worst factoring company that i been before they are a Trap stay away from them and they app never get updated is old and crashing every time .

Issue

This app freezes to many time and today I can’t even use it I tried to del and redownload but it’s not working!!!

I AM FREE!!!

I have never been so happy to get out from under something in my life. When TAFS bought MHC Financial we stayed because why not, how bad can it be? Boy were we wrong! Run if you can. Save you some money and stress and find someplace else to do business. Good luck

Tafs

Horrible factoring service good luck trying to reach someone for help getting paid it’s like pulling teeth there is way to many better alternatives out there think twice before you sign there contract!!

Trash not tafs

The company is inconsistent and slow the workers are incompetent and unhelpful the app is unreliable and VERY likely to crash at any second they will trap you in yearly renewals 0/10 wouldn’t recommend.

Tafs user

The application constantly freezes

Carriers beware…

Please do your research before signing a contract with this factoring company. I wish I knew what I know now. Customer service is horrible. The call back feature will have someone call you back almost 2 hours later. Not to mention the app is super glitchy and is running so sluggish compared to other apps. Always closes it self and is hard to navigate. Can’t tell you how many times this app has closed on me in the middle of invoicing. Tried re installing app and still did not help.
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Worst customer service Experience ever!

You will have no direct contact line to anyone. They will bounce you around from person to person before you receive help. Everyone is so defensive and rude take your business elsewhere