Tackle growth head on with OTR Solutions Fleet Factoring. Grow your operation with a scalable, customized, and advanced factoring program designed to deliver reliable cashflow and unrivaled value
Factoring for Fleets: Non-Recourse Freight Factoring
Forget Everything You Thought You Knew About Factoring
Full-Service Invoicing & Payment Collection Services
Available TMS Integrations
No Credit Restrictions
The OTR Difference
OTR Solutions has taken its proven factoring solutions to new heights designing a program for fleets and mid-size carriers. With countless solutions available to help you operate a more efficient business, we are delivering more value to our clients than ever before. With streamlined invoicing, accounts receivable, and back-office services fleets can customize their program to fit their needs. We’ve applied the same billing and collecting processes previously reserved for non-recourse clients to deliver unrivaled reliability in cashflow and payment collection.
How Fleet Factoring Works
Work with Brokers and Shippers
Grow your relationships and your business by factoring dedicated lanes, direct shipper loads and contracts, and more. With virtually no limits to your credit facility or restrictions in customer concentration, fleets can take advantage of opportunities to grow their business.
Upload The Invoice & Get Paid
After delivery, your team can quickly upload invoices in our Client Portal and view processing and payment status all in one view. Our proprietary platform offers an open API for easy integration with any TMS system for seamless invoicing without ever leaving your system.
Dedicated Operations Team Invoices the Broker
Your dedicated operations team will process and transfer payment within 24 hours and bill your customer within 48 hours of receiving an invoice. Ensuring your customers are invoiced properly and quickly keeps a clean open aging and allows for easy identification of issues long before they reach the collection date.
Accounts Receivable Team Collects Payment
Let our in-house accounts receivable specialists track and collect your outstanding invoices, ensuring payment is made on time, and late payments are addressed before they become an issue. With 24/7 visibility into your outstanding invoices your team can stay on top of any potential payment issues in coordination with ours.
Start Factoring Today
Dedicated Operations Team
Our highly trained and experienced team of operations experts help deliver a level of customer service and client experience not offered by anyone else.
Accounts Receivable Team
Most factors don’t talk about their accounts receivable services because nothing compares to our team of professionals who make sure your customers are happy.