Non-Recourse Debt Factoring
Get paid fast with trusted non-recourse freight debt factoring
Let OTR Solutions handle broker credit checks and customer collections while you focus on the road.
As a carrier or owner-operator, you might experience a lot of risks in your day-to-day business operations—from slow-paying customers to unexpected expenses. How can you keep your cash flow steady while protecting yourself from unpaid invoices?
Non-recourse freight factoring ensures you get paid quickly while protecting your business from the stress of unpaid invoices. Unlike recourse factoring, where you’re responsible for customer non-payment, non-recourse debt factoring shifts that risk to the factoring company. This means you can improve how much cash you’re bringing in without worrying about collections. With non-recourse invoice factoring for trucking companies, you secure quick funding, cover essential costs like fuel and maintenance, and keep your business moving forward.
- Submit invoices, get paid fast with the OTR Solutions app
- Eliminate risk with a trusted non-recourse partner
- Get paid faster with non-recourse factoring for loads
Submit invoices, get paid fast with the OTR Solutions app
Partner with OTR Solutions and get the cash flow you need to grow.
When it comes to non-recourse invoice factoring for trucking companies, OTR Solutions stands out from the competition. Its powerful mobile app streamlines invoicing, allowing you to snap photos of load paperwork and instantly generate professional invoices. Need to make adjustments? No problem. This non-recourse factoring app lets you update details, confirm rates, and attach missing documents with ease. Plus, you can track payments in real time and contact the operations team anytime for support.
Eliminate risk with a trusted non-recourse partner
Skip the worry of tracking down customer payments with a non-recourse factoring business.
Choosing between recourse and non-recourse factoring comes down to risk. With most factoring services, carriers are still responsible for unpaid invoices—but not with non-recourse freight factoring from DAT partner OTR Solutions. Ranked among the best non-recourse factoring companies, OTR Solutions absorbs the risk of nonpayment, ensuring you get paid without the hassle of chasing down customers. Protect your cash flow and eliminate uncertainty by partnering with a non-recourse factoring company you can trust.
Get paid faster with non-recourse factoring for loads
Choose non-recourse factoring and enjoy the confidence that comes from knowing funds in the bank are yours to keep.
Waiting on slow-paying shippers can put a serious strain on your cash flow, but non-recourse invoice factoring for trucking companies ensures you get paid fast—often within 24 hours. Instead of waiting weeks (or even months) for customer payments, you can turn your invoices into immediate cash and keep your business running smoothly.
With non-recourse freight factoring, OTR Solutions pays you upfront for completed loads and takes on the risk of non-payment. Unlike recourse factoring, where you could be forced to return funds if a customer doesn’t pay.
"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
Think of non-recourse factoring as a way to take the hassle of unpaid invoices off your plate. Unlike recourse factoring, where you’re responsible if a customer doesn’t pay, a true non-recourse factoring company absorbs that risk. Your factoring provider ensures that if a customer defaults, your bottom line stays protected. To minimize risk, both recourse and non-recourse debt factoring companies carefully evaluate your customers’ credit profiles to help ensure you get paid in full and on time.
It typically depends on your business, and the volume of invoices you’ll have to factor each month. In almost every case, carriers with less than 5-8 trucks will benefit the most from the protections and services offered by a non-recourse program. With recourse factoring, you’re responsible if a customer fails to pay—meaning if an invoice goes unpaid after a set period (often 90 days), you may have to repay the factoring company. In contrast, non-recourse invoice factoring shifts that risk to the factoring provider.
With non-recourse freight factoring from OTR Solutions—one of the best non-recourse factoring companies—you get paid upfront, and they assume the risk if a customer doesn’t pay. This proactive approach to risk management means you get fast, reliable cash flow without worrying about unpaid invoices.
The biggest benefit of non-recourse invoice factoring for trucking companies is protection from unpaid invoices. Unlike recourse factoring, where carriers are responsible if a customer doesn’t pay, non-recourse freight factoring shifts that risk to the factoring company. This ensures fast, reliable cash flow without worrying about bad debt.
The main downside is that non-recourse debt factoring typically comes with slightly higher fees than recourse factoring. However, for many truckers, the peace of mind and steady cash flow make it a worthwhile investment.
When it comes to the best non-recourse invoice factoring for trucking companies, OTR Solutions stands out as the industry leader. As a trusted factoring partner of DAT, OTR Solutions helps truckers get paid fast. Unlike some other factoring providers, OTR Solutions offers transparent pricing, no hidden fees, and an easy-to-use mobile app for seamless invoice management.
With competitive rates and expert credit checks, they help carriers avoid the risks of unpaid invoices and financial setbacks, ensuring they have the funds to cover fuel, maintenance, and everyday expenses.
Yes, credit checks are a crucial part of factoring. However, recourse factoring companies typically conduct less thorough credit reviews since you, as the carrier, assume some of the risk if a customer fails to pay. In contrast, the best non-recourse factoring companies take a deeper dive into your customers’ credit history to ensure they are financially stable and likely to pay on time. Since non-recourse freight factoring is widely used in the trucking industry, most brokers meet the necessary credit standards. Factoring providers actively avoid customers with financial red flags, reducing the risk of non-payment or potential bankruptcy.
Top non-recourse factoring companies, like OTR Solutions, make sure truckers can get the money they’re owed fast—often the same day or within 24 hours of submitting an invoice. With OTR’s easy-to-use mobile app, you can track invoices and payments in real time, eliminating the need for manual record-keeping. Payments are processed efficiently through ACH, wire transfers, or BOLT Instant Funding, which sends funds directly to your debit card.
Get paid fast, avoid risk with OTR non-recourse factoring
Every day on the road brings new challenges—don’t let slow payments and paperwork add to the stress. With non-recourse freight factoring from a partner of DAT, OTR Solutions, you get paid fast without the risk of unpaid invoices.
Let OTR Solutions handle collections while you focus on keeping your business moving. Sign up today and take control of your cash flow with non-recourse invoice factoring for trucking companies.