OTR Solutions makes it easy for you to get working capital so you can focus on developing carrier and shipper relationships. Designed to eliminate outstanding payment, brokers who factor can access the tools necessary to compete with America’s biggest transportation brokers.
With OTR Solutions as your factoring partner, managing accounts receivable and a top-notch credit score is no longer a challenge. Never worry about having the cash to pay a carrier before you’ve collected from the shipper. Factor your broker invoices with OTR Solutions to receive margin funding in 24 hours. Build and solidify your credit history with standard net 21 carrier pay and keep them with competitive quick pay options. We handle all billing and collecting with your shippers so you can stay focused on finding new relationships and growing your business. With on time and correct invoicing your customers will never look to another broker to handle their freight.
Own your carrier relationships by remaining their main point of contact for booking freight and invoicing for payment. OTR Solutions does not change your processes, we work entirely on the back end.
Once you’ve been invoiced by the carrier, upload their invoice and POD along with the shipper rate con in the OTR Solutions Client Portal. Your margin will be funded within 24 hours.
Based on the carrier’s payment options, specify standard payment or quick pay. Your dedicated operations team will handle all invoicing within 48 hours of factoring the invoice. Ensuring your customers are invoiced properly and quickly keeps a clean open aging and allows for easy identification of issues long before they reach the collection date.
OTR Solutions has maintained an elite level of customer service and client satisfaction from day one. Our team is here to handle every aspect of your business, and they don’t even have voicemails.
Explore advanced utilities and management tools in our proprietary client portal. Submit invoices, get paid, check brokers, monitor safety scores, see market analytics, and so much more.
