Factoring for Owner Operators
Factoring for Owner Operators
Are you an owner operator looking for trusted factoring? Get paid quickly and efficiently with Outgo, a DAT product.
The most effective owner-operators are those who can manage expenses and run their businesses with minimum debt. Load factoring gives you capital upfront, so you can cover your costs on time.
- Get paid for your loads within 4 hours for approved invoices.
- Don’t worry about late fees or collection hassles.
- Move your business forward with fast cash turnover.
Get paid for loads within 4 hours for approved invoices.
There’s no need to wait on covering your operating expenses when you partner with a factoring company like Outgo, a DAT product.
Waiting for an invoice to process is one of the biggest challenges for owner operators in the trucking business. Even the most successful truckers need to cover their operating expenses in a short timeframe, which can be impossible when customers’ invoices are slow to go through. Factoring cuts out the wait time, so you can pay your bills right away.
Don’t worry about late fees or collection hassles.
Owner operator factoring allows you to get paid quickly without taking on a loan.
Bank loans come with several downsides, such as high interest rates and expensive late fees. Factoring, on the other hand, allows you to sell your invoices to a reliable company like Outgo, a DAT product, and they’ll take care of getting you paid. After taking a small percentage off of the top, they’ll provide you with the rest of your payment upfront.
Move your business forward with fast cash turnover.
Get paid within 4 hours for approved invoices, your business is free to take on new challenges.
A healthy business model means you have capital to spend. For owner operators, it can be difficult to grow your trucking operation into new areas when you’re tied down waiting for payments to come through. Fortunately, factoring can provide your business with capital upfront. As a business owner, you can use your new capital however you want — to pay your expenses, invest, or grow your business.
As an owner operator, you need to keep up with your bills to make sure your business is running smoothly. You have to pay for fuel, maintenance, and out-of-pocket expenses, as well as keep some savings for emergencies. But waiting for your invoices to process can complicate things.
Factoring offers a solution: owner operators can get paid for the loads they deliver within 4 hours for approved invoices with Outgo, a DAT product. Plus, you can upload your documents on any device in a single step and Outgo will generate your invoice automatically.
Yes! Factoring is a common practice with owner operators, and is accepted across the industry. Customers understand that trucking is a fast-paced type of business, and sometimes truckers need their payments upfront. Outgo, a DAT product, always works politely and professionally with your clients to show that you are reliable and professional.
Start factoring your invoices today!
Partnering with Outgo, a DAT product, will give you transparent pricing, industry-leading funding speeds, and peace of mind.
Register with Outgo today to control when and how you get paid!
Outgo, a DAT product
- Invoices approved within 4 hours
- Low, transparent rates (no hidden fees)
- No annual contracts, no reserves