Report: #1192343

Complaint Review: TBS Factoring - Internet

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Ripoff Report is Xcentric Ventures

Submitted: Mon, December 01, 2014
Updated: Mon, December 01, 2014
Reported By: Thunderstruck Signs — Albuquerque New Mexico

Author Not Confirmed

Why?

TBS Factoring Internet USA

Phone: 800-207-7661
Web:
Category: Financial Services

TBS Factoring Not a true Non recourse factoring Oklahoma City Internet

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We entered into a non recourse agreement with TBS Factoring last year to better leverage our net accounts receivables. TBS stated that they would not hold our company liable for any non payment from clients. Come to find out this was not true once we had a client whos invoice was sold to TBS short pay them. They had even gone as far as to release a UCC filing but then turned around and filed another one the following day.

This report was posted on Ripoff Report on 12/01/2014 03:53 PM and is a permanent record located here: https://www.ripoffreport.com/reports/tbs-factoring/internet/tbs-factoring-not-a-true-non-recourse-factoring-oklahoma-city-internet-1192343. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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