Freight Factoring for New Authorities - OTR Solutions

Freight Factoring for New Trucking Authorities

Starting your own trucking business is an exciting step forward, but keeping cash flowing can be tough in a competitive market. With OTR Solutions, you can use freight factoring for new trucking companies and turn unpaid invoices into immediate cash. That’s how you keep your trucks moving and your business thriving.

Get Started Today

Freight Factoring for New Trucking Authorities

Starting your own trucking business is an exciting step forward, but keeping cash flowing can be tough in a competitive market. With OTR Solutions, you can use freight factoring for new trucking companies and turn unpaid invoices into immediate cash. That’s how you keep your trucks moving and your business thriving.

Get Started Today

Explore the Benefits

Financial solutions tailored for new trucking companies.

Immediate Cash Flow

Freight factoring helps you avoid cash flow issues by providing upfront payments for your invoices. No more waiting weeks for customer payments. 

Get Factoring

Discount Fuel Card

With the OTR Fuel Card, you gain access to an average of $0.50 off per gallon at major truck stops such as TA/Petro Speedway, Caseys and more, helping you save money on every trip. 

Get a Fuel Card

Dedicated Operations Team

Our Dedicated Operations Team works closely with your business to ensure a smooth factoring processes and to guide you through your journey as a business owner. 

Get Support

How Factoring Works

How Factoring Works

Freight factoring simplifies your cash flow by allowing you to sell unpaid invoices at a discount and get paid upfront. This means less stress about bills and more time focusing on maintaining your business. Freight factoring is incredibly easy with OTR Solutions thanks to our quick three step process: 

  1. Deliver your load
  2. Submit your invoice
  3. Get paid!
Apply Now
inset 11
Untitled design (45)

Fast, Reliable Payments

Fast, Reliable Payments

When you partner with OTR Solutions, you’re getting fast, transparent, and reliable payments that help your trucking company stay on track. That’s something that most other factoring companies claim to offer but never live up to. 

Get Started

 

Grow Your New Trucking Business

Grow Your New Trucking Business

We offer comprehensive tools and services that go beyond cash flow, helping you navigate your new trucking company toward long-term success. Whether you need access to industry-leading fuel discounts, a high-tech mobile app that allows you to easily submit and track invoices, or 24/7 broker checks, OTR has you covered.

Start Now
Untitled design (65)

Your Freight Factoring
Questions, Answered

Here are the answers to the most common freight factoring questions.

What is freight factoring?

Freight factoring is a service where you sell your unpaid invoices at a discount and receive cash within 24 hours.

Why should I use factoring for my new trucking company?

Freight factoring ensures you have cash to cover expenses like fuel, maintenance, and payroll, helping you maintain your business from day one.

How long does it take to get paid?

With OTR Solutions, you can get paid as soon as your invoices are approved, typically within 24 hours or less.

Can I use factoring for all my invoices?

Yes! Freight factoring is flexible, and you can choose to factor as many or as few invoices as you need.

Do I need good credit to qualify for factoring?

No, freight factoring is based on your customers’ credit, not yours.

What are the costs involved in freight factoring?

The cost depends on your agreement with the factoring company. OTR Solutions offers competitive rates to help new trucking companies succeed.

Can I use factoring if I’m a small trucking company?

Absolutely! Freight factoring is designed to help trucking companies of all sizes, including owner-operators and small fleets.

Ready to Drive Forward?

Partner with OTR Solutions today and use the best freight factoring for new trucking companies. Keep your business moving in the right direction.

Get Started Today
Untitled design (49)

 

Turn Invoices Into Cash!

Turn Invoices into Cash!

Don’t wait around for the money you’ve already earned. With OTR Solutions, you can turn your unpaid invoices into immediate cash, giving you the flexibility to grow your business without financial hold-ups. 

Apply Now

 

Partner With The Best!

Partner With the Best!

With years of experience supporting the trucking industry, OTR Solutions offers the best freight factoring for new authorities. Let us help you navigate your new business with ease.

Partner with OTR
Untitled design (26)