Freight Factoring Rates
Freight Factoring Rates
Outgo, a DAT product, offers great factoring rates and industry-leading funding speeds.
Get low, transparent trucking factoring rates and quick access to funds with Outgo, a DAT product. Enjoy transparent pricing, no hidden fees or annual contracts, and more.
- Access transparent pricing with no annual contracts.
- Get paid fast with Outgo’s industry-leading funding speeds.
- Find flexible factoring programs that fit your specific needs.
Access transparent pricing with no annual contracts.
Avoid hidden fees with the best factoring company rates in the industry.
It’s shocking how many hidden fees there can be with some factoring companies. Processing fees, application or termination fees, monthly minimum fees, and more can quickly add up, making seemingly average factoring rates much more expensive.
With Outgo, a DAT product, what you see is what you get when it comes to our typical factoring rates. That’s why our flat factoring rates are the most trusted in the business!
Get paid fast with Outgo’s industry-leading funding speeds.
Invoice processing that gets you paid within 4 hours of invoice submission means you can get your funds fast.
With some factoring companies, getting paid can take much longer than it should. If you’re waiting for your funds so you can pick up your next load, those days of waiting can prove seriously costly. Luckily, with Outgo, you’ll get paid within 4 hours for approved invoices. Outgo lets you focus on the road ahead instead of waiting to get paid for the one you already crossed.
Find flexible factoring programs that fit your specific needs.
Factor your invoices on your own terms with flexible freight factoring programs from Outgo, a DAT product.
Every trucking business is different and every carrier has their own unique factoring needs. However, every trucking business wants clear terms, fast funding, transparent pricing, and no long-term contracts. Outgo provides all of that, and with no monthly minimums or volume limits. Outgo ensures you get the funds you need when you need them — on your own terms.
Freight factoring costs are usually calculated as a percentage of the invoice that is charged by the company in return for their services (generally 2% or more). While that cost can appear very low, many companies charge various (often hidden) additional fees on top of the base factoring percentage so they can advertise a lower upfront rate. Those fees can add up quickly and have a big impact on the cost you end up paying for your factoring services.
That’s why you need to work with a factoring company that doesn’t have any hidden fees. With Outgo, a DAT product, what you see is what you get in terms of factoring costs.
There are hundreds of different factoring companies to choose from in the U.S. alone. Some may only offer recourse factoring, while others offer non-recourse or a hybrid option. Companies also differ in terms of the sizes of businesses they’re willing to work with. And, very importantly, not every factoring company offers additional services. Outgo, a DAT product, provides tools that automate invoicing, help you manage cash flow, and provide back-office support.
At DAT, we believe our Outgo factoring stands above the competition when it comes to factoring. That’s why we acquired Outgo to help our customers get their funds faster. Here are a few of the top reasons to factor with Outgo:
- As part of DAT, you’ll be able to see which brokers are pre-approved for factoring right on our load board.
- Outgo’s prices are presented upfront in your contract, so you’re never surprised.
- Outgo’s dedicated team is there to support you and your business.
- Outgo’s non-recourse factoring means they’ll take responsibility for your invoices and handle your collections, even if your customer goes bankrupt or out of business.
Start factoring your invoices today!
Outgo, a DAT product, will give you transparent pricing, funding in as fast as 15 minutes, and peace of mind.
Register with Outgo today to control when and how you get paid!
Outgo, a DAT product
- Invoices approved within 4 hours
- Low, transparent rates (no hidden fees)
- No annual contracts, no reserves