Get the cash you need when you need it with reliable truck load factoring.
When you factor loads, you can get the cash you already earned fast. With DAT’s leading partner, OTR Solutions, you’ll never have to worry about the timeliness of payments, so you focus on the road ahead. Learn how reliable and transparent factoring services can help you maximize your company’s growth and financial success.
- Stop waiting on invoice payments with truck load factoring.
- Get flexibility at your fingertips with OTR Solutions.
- Simplify your truck load invoices and other business services.
Stop waiting on invoice payments with truck load factoring.
Get paid faster with our trusted partner, OTR Solutions.
Not getting paid for the work you’ve already done is extremely frustrating. After all, freight transportation is complicated enough without the additional responsibility of managing slow or unpredictable cashflow. Load factoring can eliminate that problem. DAT has partnered with OTR Solutions so that trucking professionals can get the money they already earned’. Stop waiting 30, 60, or even 90 days to get paid. With OTR Solutions, you receive a payment within 24 hours from when your invoice is submitted so that you focus on the road ahead.
Get flexibility at your fingertips with OTR Solutions.
With OTR Solutions, you can access factoring that’s available when you need it.
OTR Solutions doesn’t just get you paid fast (within 24 hours of submitting an invoice), its factor load services are also highly customizable. OTR Solutions offers various forms of factoring to fit any operation and any size. Flexibility by what customers you work with, the type of freight you haul, and even pre-existing relationships for dedicated lanes that may not need to be factored. None of OTR Solutions’ programs require a minimum amount to be factored, so you can make decisions based on your needs, and not theirs. receive instant funding with OTR’s BOLT or standard funding through normal means – a wire transfer or overnight ACH once the invoice has been processed.
Simplify your truck load invoices and other business services.
Don’t let unpaid truck load invoices keep you off the road. Get the cash you need when you need it.
For freight carriers, unpaid truck load invoices can mean less money for day-to-day expenses, like fuel and maintenance. When unexpected extra expenses arise, it’s easy to find yourself up a creek due to slow payments. But using factor load services, you can gain access to the payments you already earned instantly. All you have to pay is a small percentage of the invoice to the factoring company. With factoring you can reduce stress and focus on the road ahead of you instead of the one behind you.
"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
Truck load factoring involves the sale of a truck load invoice to load factoring companies, like OTR Solutions. You are selling an invoice for work you have already completed, meaning that you’ve already earned the money you will receive through factoring — it isn’t a loan. With factoring, you get the money you earned right away instead of waiting 30, 60, or 90 days to get that cash from the source. The factoring company buys the invoice from you and gives you the value of the invoice right away. It is then up to the factoring company to invoice your customer for payment and wait for them to pay. Once you’ve sold the invoice, the onus is no longer on you to collect payment.
Start load factoring today!
Are you ready to start getting the money you already earned fast? Register with OTR Solutions and start factoring loads today! As DAT’s trusted factoring partner, OTR delivers quality service at a great price every time. Try it today!