Freight Factoring Rates
Freight Factoring Rates
OTR Solutions offers fair and reliable factoring rates using a true non-recourse model.
Get low trucking factoring rates and lightning-fast payment with OTR Solutions. You can depend on competitive freight factoring rates for each customer, without any loans, debt, or major risk.
- Access the most trustworthy flat factoring rates with OTR Solutions.
- Get paid fast with OTR Solutions same-day invoice processing.
- Find customized factoring programs that fit your specific needs.
Access the most trustworthy flat factoring rates with OTR Solutions.
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. Tiered rates, processing fees, collection fees, monthly minimum fees, and more can quickly add up, making seemingly average factoring rates much more expensive.
With OTR Solutions, what you see is what you get when it comes to our typical factoring rates. The only additional fees you will see are a $1 ACH Direct Deposit or $30 same-day wire. That’s why our flat factoring rates are the most trusted in the business!
Get paid fast with OTR Solutions same-day invoice processing.
Same-day invoice processing and instant funding means you can get your funds right when you need them.
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 OTR Solutions, you’ll get paid within 24 hours of submitting your invoice. OTR Solutions lets you focus on the road ahead instead of waiting to get paid for the one you already crossed.
Find customized factoring programs that fit your specific needs.
Factor your invoices on your own terms with OTR Solutions customized freight factoring programs.
Every trucking business is different and every carrier has their own unique factoring needs. That’s why OTR Solutions offers a range of customized factoring programs so that every trucker and business can find the perfect program. With no monthly minimums, volume limits, or credit restrictions on any programs, OTR Solutions ensures you get the funds you need when you need them — on your own terms.
"OTR Solutions is a wonderful company to work with. They go above and beyond to meet your needs. Everyone I have worked with has always been really nice and professional. I would recommend OTR Solutions to everyone looking for a great factoring company."
- Nicole Ives
"OTR Solutions is one of the best things that has happened for our company Sal-Trans Express, Inc. Their Customer service is of the best quality. Provide detailed explanations to all questions asked and truly always look out for their customers. Their personalized services have allowed our company to scale quickly and allowed us to make the necessary decisions for our company."
- Eduardo Salazar
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. At OTR Solutions, 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. OTR Solutions not only gives you a dedicated account manager who can help you manage cash flow on a personalized basis, they also offer back-office support.
At DAT, we believe OTR Solutions stands above the competition when it comes to factoring. That’s why we’ve partnered with them to help our customers get their funds faster. Here are a few of the top reasons to factor with OTR Solutions:
- OTR Solutions relationship with DAT means you’ll be able to see which loads you can factor right from our load board.
- OTR Solutions prices are presented upfront in your contract so you’re never surprised.
- OTR Solutions dedicated team is there to support your account and your business.
- OTR Solutions unique true non-recourse program means they take full liability for your invoices and handle collection on their own.
Start factoring your invoices today!
Partnering with OTR Solutions will give you transparent pricing, same-day invoice processing, and peace of mind.
Register with OTR Solutions today to control when and how you get paid!