Checkmark Icon
OTR Select

Real Capacity. Real Rates. Real-Time.

"Post and Pray" shouldn't be the only way to find new capacity. There's too much at stake. With OTR Select, brokers can find verified carriers actively running any lane alongside verified real-time market rates. This intelligence platform is powered by OTR's verified network data, so brokers can source new capacity with confidence. Backed by millions of real transactions and an exclusive network of tens of thousands of independently verified and continuously monitored carriers, OTR Select gives you access to an untapped pool of reliable capacity.  

Gradient Background
Customer Service Icon
Behavior Based Capacity
Dollar Sign Icon
Real Freight Rates
Loading Icon
Proactive Fraud Monitoring
Network Icon
Exclusive Network Access
Question Mark Icon
FAQ’s

Got questions?
We’ve got answers.

Find out everything you need to know about True Non-Recourse Factoring with OTR Solutions.

What is the difference between recourse and non-recourse factoring?

Recourse and non-recourse factoring refer to who is liable if the factoring company cannot collect payment on the factored invoice after a certain period of time. Under a recourse program, the carrier is ultimately liable to repurchase the invoice if the factor cannot collect payment after a certain period of time. Under a non-recourse program, the factoring company is responsible and is liable for any defaults of payment from the broker, assuming the carrier met all of the obligations of their contract.

Which factoring company is best for my trucking business?

The best factoring company is the one that puts your needs first. Look for a partner with fast, reliable payments, transparent pricing, and real human support. OTR Solutions offers True Non-Recourse Factoring, same-day funding (even on bank holidays), and a dedicated team that knows freight. Whether you're just getting started or scaling your operation, we’re built to keep your business moving forward.

How much should I expect to be funded when I factor?

Depending on the factor and program type, funding rates can be anywhere between 90% and 99% of the invoice amount. This is determined by your individual contract terms. Be sure to know exactly what your factoring rate is, any additional fees, or extra stipulations that may incur additional charges. The lowest rate is not usually the best, especially when you take into account hidden fees, terms affecting non-payment liability, and ability to receive customer support as you run your business.

What are the different types of factoring rates?

Factoring companies generally offer either a flat factoring rate or a tiered rate. Flat factoring rates charge the same percentage on each invoice factored, regardless of how long it takes the broker to pay. Tiered rate programs increase the fee depending on the time it takes for a broker to pay, usually in 15-day increments.

Why use factoring instead of quick pay?

Quick pay is an expedited funding option offered by some brokers, each with their own terms and rates. As you diversify your business and utilize multiple brokers, the management of all the different contracts, terms, and paperwork grows exponentially. The benefit of factoring is that you have an organized and centralized source for all back-office-related needs. Factoring companies handle the back-office burden while you focus on running your business.