Invoice Factoring Rates
Fast, reliable payments to keep you on the road
Explore a wide range of offers from OTR Solutions, including industry-leading non-recourse factoring.
Managing cash flow can be one of the biggest challenges in trucking. When waiting for an invoice to be paid out, the last thing you want to deal with are hold-ups that could put your business in financial risk.
OTR Solutions makes getting paid easier with competitive invoice factoring rates. Their industry-leading non-recourse factoring program ensures you get paid quickly, with no invoice processing fees, scanning fees, or monthly minimums. With transparent pricing and fast funding, OTR Solutions helps carriers like you stay focused on growing your business without worrying about cash flow.
- Get paid quickly and keep your fleet running
- Seamless integration with DAT load board
- Expert customer service, whenever you need it
Get paid quickly and keep your fleet running
No more waiting weeks for payments—with the right invoice factoring partner, you get your money fast.
Cash flow is the backbone of your trucking business, and delayed payments can throw everything off track. We understand how frustrating it is to wait weeks or even longer to get paid.
That’s why OTR Solutions provides a hassle-free factoring experience with a simple and transparent process. Submit invoices effortlessly through the OTR Mobile App and access pre-vetted loads from the DAT load board.
With an industry-leading non-recourse factoring program, once your invoice is approved, you get paid fast—without the stress of collections. Plus, with competitive factoring rates, no hidden fees, and no monthly minimums, you can factor on your own terms and keep your business moving forward.
Seamless integration with DAT load board
The perfect tools to simplify load booking and speed up payments.
Managing multiple tools and platforms can be overwhelming, and invoicing shouldn’t add to the hassle. That’s why we’ve made it easier for you.
With direct integration into the DAT One Load Board, you can easily identify pre-approved brokers (marked with a blue check) and factor your invoices effortlessly. Plus, manage your payments in one place, eliminating unnecessary steps and complications.
This integration gives you more time to focus on finding high-paying loads and ensures you get paid without delays.
Expert customer service, whenever you need it
Get personalized service and dedicated support from industry experts who understand your business.
When it comes to invoice factoring, having responsive, high-quality customer service makes all the difference. But with so many freight factoring companies out there, it can be hard to know how to choose the right one.
With OTR Solutions, you’re not just another client. Their team is dedicated to providing fast, reliable support whenever you need it. Whether you have questions about a payment or need guidance on invoice factoring rates, every customer gets a dedicated account manager to ensure you always have a go-to expert for personalized assistance.
"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
Invoice factoring is a financial service that allows trucking businesses to sell their outstanding invoices to a factoring company like OTR Solutions for immediate cash. Instead of waiting 30-90 days for customers to pay, you receive most of the invoice value upfront. The factoring company then collects the full payment from your customer, and you receive the remaining balance minus a small factoring fee. This gives you a consistent cash flow and reduces the stress of waiting for your next payment.
Recourse and non-recourse factoring differ mainly in who takes on the risk if a customer doesn’t pay.
- Recourse factoring typically comes with lower fees, but you are responsible for repaying the factoring company if the customer fails to pay the invoice.
- Non-recourse factoring provides more protection, as the factoring company assumes the risk of non-payment. However, this added security often comes with a slightly higher cost.
Recourse factoring is ideal for larger carriers with enough volume and customer diversity to take a loss if one does not pay while non-recourse factoring offers peace of mind and the highest value add for new and small carriers by protecting you from potential losses.
Payment speed depends on the factoring provider, but many offer fast funding options to help carriers access their money quickly after submitting an invoice. With streamlined digital processing, verification, and funding, you can often receive most of your invoice value shortly after completing a load—far faster than traditional payment cycles.
Reliable factoring partners, like OTR Solutions, prioritize quick payments to help carriers maintain steady cash flow, cover expenses, and keep their business moving without unnecessary delays.
A factoring service like OTR Solutions helps carriers get paid within 24 hours, ensuring steady cash flow for fuel, maintenance, and expenses. It also eliminates collection hassles, so you don’t have to chase down customers for payments.
With back-office support, factoring frees up your time to focus on hauling more loads. Plus, you gain financial flexibility with no hidden fees or monthly minimums.
Invoice factoring rates vary based on factors like your business size, customer creditworthiness, contract terms, and funding speed. Most factoring providers charge a percentage of the invoice total, and rates differ depending on your agreement.
Some factoring companies also charge additional fees for services like invoice processing or same-day funding, so it’s important to choose a provider with transparent pricing and no hidden costs.
Get paid fast with competitive invoice factoring rates
Why wait 30+ days to get paid? With OTR Solutions, you can access same-day payments and competitive invoice factoring rates to keep your cash flow strong. No hidden fees, no long waits—just fast, reliable funding when you need it.
Take control of your finances today. Get in touch with OTR Solutions and keep your business moving forward.