TAFS FACTORING NOT TRUSTWORTHY OLATHE Kansas
On or about June 8,2016 we signed a contract with TAFS Factoring, INC to start our business. A one truck owner/operator business. This company told us all we wanted to hear in order to get us to sign with them.
First that there would be no pay back if an invoice did not get paid because they had enough lawyers to go after the ones that did not pay. Wrong, we have had them take the money back after a company went bellyup.
Secondly they were only to take a 10% of the invoice to pay back what was owed. Wrong this worked for a couple of invoices and then boom they took it all out of one invoice.
I could go on numbering the events from this company but I won't so in a nut shell this is the way they work you.
They talk you through the contract so fast that you belive them and don't have time to read as you go along. They don't tell you that once you sign there is a $2500.00 fee for early termination. They tell you they can help you get a piece of equipment with nothing down and then once you do all the work of finding what you need submitting your paper work it always came to a 30-40 % down total.
It got to the point with all their lies that we started to record our conversations with them and still caught them in lies and they denie them all.
One major lie was because we have worked and factored through them that we would not have to pay the early termination fee lie lie lie. No matter what you will pay .