Capacity intelligence backed by real freight activity.
Most market tools rely on signals that are likely outdated, self-reported, or disconnnected from actual execution. OTR Select is different. Our platform is powered by millions of verified lane-level transactions across OTR's carrier network, helping brokers understand...
- Which carriers are actively running specific lanes
- What carriers are actually being paid in the market
- Which capacity sources are verified and operational
- Where pricing opportunities and network gaps exist
Real carriers. Real reviews.
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Why brokers choose OTR Select.
Verified carrier capacity
Access a network of 20,000+ active carriers that have been vetted on entry and continuously monitored through OTR's compliance and fraud prevention processes.
Real invoice-backed data
OTR rates are based on actual freight invoices and payments from OTR's proven network. Not theoretical bids. Not scraped pricing.
Faster coverage decisions
Quickly identify carriers with proven lane activity, equipment fit, and operational history to reduce sourcing time.
Reduced fraud exposure
OTR proactively monitors fraud indicators including shell ownership, purchased MC's, inconsistent operating data, and suspicious account behavior.
Smarter pricing strategy
Compare your historical buy rates against verified rate data to protect your margin and ensure you're properly quoting your customer relationships.
Build quality relationships
Increase carrier utilization and establish deep connections with OTR's trusted network of small fleets and owner-operators.
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Why traditional capacity tools fall short.
The freight industry has no shortage of capacity signals. The challenge is knowhing which signals are real. Most traditional capacity tools rely on self reported carrier preferences, posted trucks, scraped load board activity and outdated market data.
This creates risk with customer relationships and results in carrier sales teams wasting time chasing carriers that are unavailable, unreliable, and or unverified
OTR Select was built to solve those problems using verified freight activity and trusted carrier relationships.
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Built on the OTR network.
OTR Select is powered by one of the freight industry's largest and most trusted carrier data sets with over $7B in annual factored freight, 20,000+ active carriers, and millions of verified lane-level transactions.
OTR performs rigerous carrier verification as part of its factoring and onboarding processes. Our operation safeguards include insurance and ownership verification, banking and identity validation, fraud monitoring, and ongoing carrier oversight.
Got questions?
We’ve got answers.
Find out everything you need to know about True Non-Recourse Factoring with OTR Solutions.
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.
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.
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.
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.
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.