OTR Capital Announce Partnership with DAT Freight & Analytics
10/06/2021
Portland, Oregon —
DAT Freight & Analytics today announced a partnership with OTR Capital that expands factoring services available to freight brokers and carriers through DAT’s load board network, the industry’s largest marketplace for truckload freight.
OTR Capital provides fast, reliable factoring services to a wide range of DAT customers, giving brokers access to much needed capacity while also expanding the available opportunities for carriers looking to remain loaded. OTR Capital’s experience in transportation and unique factoring solutions allow brokers and carriers of all sizes the opportunity to focus on running their businesses while removing the worry of back-office headaches and cash flow concerns.
Carriers on the DAT network have access to OTR Capital’s customizable invoice factoring services with no monthly minimums, hidden fees, volume limits, credit restrictions or long-term contracts. They can easily see which loads are factorable through OTR Capital: any load posted to the DAT network with a blue checkmark is approved for advance funding. Carriers can also benefit from OTR Capital’s back-office support services, including invoicing, collecting, dispute resolution, and fuel card services.
“OTR Capital has a track record of exceptional customer service with both small and large clients. With the unprecedented growth on DAT’s load board, this partnership provides greater access to factoring across the breadth of our network,” said Greg Hastings, DAT Vice President of Strategy Execution. “Every OTR employee has a “client-first” attitude which will allow more brokers and carriers to take advantage of getting paid faster. We look forward to building this unique partnership, as OTR Capital and DAT work together to provide carriers and brokers with the best tools in the industry.”
Clayton Griffin, EVP and Chief Strategy Officer at OTR Capital said, “We are very excited to be partnering with DAT to deliver a new standard of service to their vast network of brokers and carriers. Since our founding, OTR has been focused on developing solutions that truly assist in making trucking companies and freight brokers more successful.
“Trucking is hard, which is why we wake up every day trying to find ways to make our clients’ lives easier. We consider this new partnership with DAT, the largest load board for freight, to be aligned with that mission.” Factorable loads from OTR Capital are available now on the DAT network, where an average of 887,000 loads are posted each business day.
About OTR Capital OTR Capital is a solutions-based factoring company dedicated to offering service-oriented solutions for companies looking to maintain positive cash flow while growing their business. OTR works with trucking companies and freight brokerages of all sizes to provide market-leading financing and back-office solutions while delivering the best customer service in the industry. As a testament to its growth, OTR has been named in the Inc. 5000 multiple years in a row and strives to improve the work experience for its employees as a Top Workplace in (2017, 2018, 2019, 2020, 2021) by the Atlanta Journal-Constitution.
Media contact: Sarah Reuter, OTR Capital Marketing Manager Sarah.reuter@otrcapital.com | 678.507.3372
About DAT Freight & Analytics DAT Freight & Analytics operates the largest truckload freight marketplace in North America. Shippers, transportation brokers, motor carriers, news organizations and industry analysts rely on DAT for market trends and data insights derived from 249 million freight matches and a database of $110 billion in annual market transactions. Founded in 1978, DAT Solutions LLC is a wholly owned subsidiary of Roper Technologies (NYSE:ROP), a diversified technology company and constituent of the S&P 500, Fortune 500, and Russell 1000 indices. DAT.com
Media contact: Annabel Reeves, DAT Corporate Communications annabel.reeves@dat.com | 503.501.0143
OTR Capital provides fast, reliable factoring services to a wide range of DAT customers, giving brokers access to much needed capacity while also expanding the available opportunities for carriers looking to remain loaded. OTR Capital’s experience in transportation and unique factoring solutions allow brokers and carriers of all sizes the opportunity to focus on running their businesses while removing the worry of back-office headaches and cash flow concerns.
Carriers on the DAT network have access to OTR Capital’s customizable invoice factoring services with no monthly minimums, hidden fees, volume limits, credit restrictions or long-term contracts. They can easily see which loads are factorable through OTR Capital: any load posted to the DAT network with a blue checkmark is approved for advance funding. Carriers can also benefit from OTR Capital’s back-office support services, including invoicing, collecting, dispute resolution, and fuel card services.
“OTR Capital has a track record of exceptional customer service with both small and large clients. With the unprecedented growth on DAT’s load board, this partnership provides greater access to factoring across the breadth of our network,” said Greg Hastings, DAT Vice President of Strategy Execution. “Every OTR employee has a “client-first” attitude which will allow more brokers and carriers to take advantage of getting paid faster. We look forward to building this unique partnership, as OTR Capital and DAT work together to provide carriers and brokers with the best tools in the industry.”
Clayton Griffin, EVP and Chief Strategy Officer at OTR Capital said, “We are very excited to be partnering with DAT to deliver a new standard of service to their vast network of brokers and carriers. Since our founding, OTR has been focused on developing solutions that truly assist in making trucking companies and freight brokers more successful.
“Trucking is hard, which is why we wake up every day trying to find ways to make our clients’ lives easier. We consider this new partnership with DAT, the largest load board for freight, to be aligned with that mission.” Factorable loads from OTR Capital are available now on the DAT network, where an average of 887,000 loads are posted each business day.
About OTR Capital OTR Capital is a solutions-based factoring company dedicated to offering service-oriented solutions for companies looking to maintain positive cash flow while growing their business. OTR works with trucking companies and freight brokerages of all sizes to provide market-leading financing and back-office solutions while delivering the best customer service in the industry. As a testament to its growth, OTR has been named in the Inc. 5000 multiple years in a row and strives to improve the work experience for its employees as a Top Workplace in (2017, 2018, 2019, 2020, 2021) by the Atlanta Journal-Constitution.
Media contact: Sarah Reuter, OTR Capital Marketing Manager Sarah.reuter@otrcapital.com | 678.507.3372
About DAT Freight & Analytics DAT Freight & Analytics operates the largest truckload freight marketplace in North America. Shippers, transportation brokers, motor carriers, news organizations and industry analysts rely on DAT for market trends and data insights derived from 249 million freight matches and a database of $110 billion in annual market transactions. Founded in 1978, DAT Solutions LLC is a wholly owned subsidiary of Roper Technologies (NYSE:ROP), a diversified technology company and constituent of the S&P 500, Fortune 500, and Russell 1000 indices. DAT.com
Media contact: Annabel Reeves, DAT Corporate Communications annabel.reeves@dat.com | 503.501.0143