Factoring

Get paid fast to better manage your cash flow and avoid new debts.

Take advantage of factoring options through our trusted partner, OTR Solutions.

Get the money you already earned – in 24 hours

OTR Solutions ensures you get paid quickly while taking care of billing and collecting so you don’t have to worry about cash flow.

Get paid fast

When you sell your invoice to a freight factoring company, there's no need to wait 30 to 90 days to get paid. You'll see your cash within 24 hours of invoice submission.

Save with no hidden fees

OTR Solutions purchases your invoice at a small, flat discount and then pays what you're owed. There are no hoops to jump through and no hidden fees.

Access cash when you need it

Choose when you want to factor so you get quick and easy cash flow when you need it without being forced to factor when you don’t.

Factoring for brokers

Pay carriers fast

Freight factoring for brokers eliminates the stress of paying carriers by putting cash in your hands in hours, not months.

Strengthen carrier relationships

OTR Solutions helps get carriers paid quickly and reliably, strengthening your relationships.

Give carriers payment options

Make life easier for carriers by giving them multiple payment options, including Net 21 ACH payment, 48 hour ACH quickpay, and even fuel advances.

Cover expenses with ease

Factoring means you’ll have more cash on hand to cover all of your expenses.

Take care of business

OTR Solutions takes care of paying carriers and collecting from your customers so you can focus on your business.

OTR Solutions

Try OTR Solutions, the most trusted freight factoring company, today!

Fast payment
Customizable services
Back-office support
No hidden fees

FAQs

A few things you might be asking yourself

Rather than waiting between 30 to 90 days to get paid for your invoice, you can get paid within 24 hours of submitting your invoice when you use freight factoring. The factoring company buys your invoice from you for a small fee and then pays you your margin right away. From there, the factoring company will be responsible for getting your customer to pay them. It’s out of your hands. 

They are — when you use a trustworthy factoring company like OTR Solutions. With OTR Solutions, you can ensure you’ll be paid for your invoices without any fees or delays.

Freight factoring costs are calculated as a percentage of your invoice, generally 2% or more. Although that cost may appear very low, some companies have additional (often hidden) fees on top of the base factoring percentage, allowing them to advertise a lower upfront rate. 

With OTR Solutions, there are never any hidden fees. What you see is what you pay.

Slow invoicing can cause a lot of problems for freight brokers. By getting the cash you need when you need it, you can strengthen your relationships, improve your credit score, and prove your trustworthiness.

At DAT, we believe OTR Solutions is the best factoring company in the industry. Prices are presented upfront so you never face any surprises. Plus, OTR Solutions dedicated team is always available to support you and your brokerage. Even better, our partnership means you can see which loads can be factored right from the load board.

Need more tools?

We have even more solutions to help with tracking, bidding and budgeting. Find exactly what you need.

Already factoring?

Go beyond factoring to grow your business

Load Board

Find the right load for the right truck

RateView Analytics

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Operating Authority

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