Load Factoring Companies
Load Factoring Companies
Factoring truckloads enables you to get paid for your invoices quickly and easily.
Load factoring gives you cash on hand to keep your business running smoothly. Working with a load factoring company like OTR Solutions allows you to handle your invoices ASAP, without waiting months for payments to come.
- Receive payments for your invoices within 24 hours.
- Grow your business without worrying about cash flow.
- Achieve peace of mind and prove your reliability to customers.
Receive payments for your invoices within 24 hours.
Load factoring with OTR Solutions offers single-day turnover without the red tape of a bank loan.
Truckers thrive on the hustle of making their next delivery. But you shouldn’t have to worry about paying off bank loans, especially if you can receive an advance on your invoices within hours. When you factor your invoices, load factoring companies like OTR Solutions take a small amount off the top in exchange for quick cash turnover, so you can cover your operating costs.
Grow your business without worrying about cash flow.
Load factoring makes getting paid for your deliveries streamlined and efficient.
With day-to-day costs like fuel and maintenance to consider, trucking expenses can quickly add up. Don’t miss out on business opportunities because you’re waiting to get paid for your deliveries.
OTR Solutions offers a streamlined, true non-recourse transportation factoring program, so you can get funds quickly and focus on upcoming business.
Achieve peace of mind and prove your reliability to customers.
Having cash on hand means you are seen as a reliable partner.
To run an efficient business, you need to be able to cover your operating expenses and meet customer demands. Load factoring ensures you have the funds available to provide quality service. When you work with OTR Solutions, you can rest assured that your service quality will never waver due to a lack of funds and your customers won’t be made aware of any cash flow issues.
"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
Load factoring helps truckers get paid quickly in a business where your income is often dependent on elements outside of your control. Instead of waiting several months to pay for deliveries, you can sell your invoices to a load factoring company like OTR Solutions.
Once you sell your invoices to a load factoring company, they will provide you with cash upfront and handle collecting payment from your customers. By factoring your invoices, you’ll receive direct payments within 24 hours, eliminating the need to take out a bank loan or wait for one to three months for your customer to pay you.
With bank loans, you end up paying more interest over time. Plus, interest rates can be quite high for startups and newer businesses. Instead of charging interest, factoring companies charge an upfront fee, usually a small percentage off the top, in exchange for turning your invoice into cash.
Not only is factoring more predictable than bank loans, but it can also help you avoid growing loan debt. With factoring, you’re always spending your own money.
With real-time data, customized factoring programs, and same-day invoice processing and payments through ACH, wire transfer, or OTR BOLT, OTR is more than capable of meeting your needs and helping your business grow.
When you choose OTR, you can say goodbye to hidden fees, volume limitations, monthly minimums, and credit restrictions. Instead, you’ll get transparent, competitive pricing and control over when and how you’re paid. You’ll even be assigned a dedicated account manager who can take care of cash flow or back-office needs.
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!