Truck stop chain Love’s acquires three freight factoring companies

Travel center operator Love’s announced the acquisition of three freight factoring companies to bolster its financial services arm.

On December 22, 2025, Love’s Financial announced the acquisition of Oklahoma City, Oklahoma-based TBS Factoring Service; Chicago, Illinois-based Saint John Capital; and Charlotte, North Carolina-based Financial Carrier Services, which all serve small- to mid-sized trucking fleets.

The acquisition closed on December 19, 2025, and financial terms were not disclosed.

Love’s says that the 3,400 customers using the acquired freight factoring companies will not experience any delay or disruption with funding. “They will also gain access to additional services at Love’s nationwide network of travel stops, including fuel discounts and access to a no-fee credit line on Love’s Express Billing card program,” the company said.

“Love’s is committed to growing strategically as a trusted partner to meet professional drivers, owner-operators and fleets where they are, and providing fast and reliable freight factoring services is an important part of that vision,” said Shane Wharton, Love’s president. “We’re excited to welcome our new customers and Love’s Financial team members while learning from their factoring experience.”

In July 2024, Love’s Financial added 500 customers with the acquisition of the U.S. transportation factoring portfolio of REV Capital.