When you partner with OTR Solutions, you have exclusive access to resources and tools designed for trucking businesses of all sizes. Get paid instantly, find loads, keep your trucks fueled, manage your business on the go, and so much more when you factor with the best in the industry.
“Transferred from another factoring company. The process was smooth and easy. Every one I spoke to was very helpful. They all kept me updated on the progress of switching over to OTR. Would recommend them to anyone looking for a factoring company.”
Rather than waiting 30-90 days to receive payment for a delivered load, you can sell your invoices to a factoring company and get paid quicker minus a small service fee. This keeps your cash flow consistent and streamlines your accounting and administrative processes.
Factoring helps trucking companies:
Minimize your risk and maximize your cashflow with True Non-Resource factoring. In a non-recourse agreement, the factoring company assumes all risk – meaning the trucking company won’t take the hit if a debtor doesn’t pay. Traditional recourse factoring places all risk on the trucking company, and if a debtor doesn’t pay, a factoring company can request payment from the trucking company.
OTR Solutions’ True Non-Resource program helps you maintain your trucking business with consistent cashflow and security.
No chargebacks. No monthly minimums. No hidden fees. No risk.