Freight Factoring

How factoring works

Freight factoring simplifies your cash flow by allowing you to sell unpaid invoices at a discount and get paid upfront. This means less stress about bills and more time focusing on maintaining your business. Freight factoring is incredibly easy with OTR Solutions: simply deliver your load, submit your invoice, and get paid.

Minimized risk.

You handle the freight. We'll handle the rest - even chasing brokers for payment.

Truly Instant Funding

Factoring that never stops. Funds whenever you need them - even on bank holidays.

Real clients. Real reviews.

5-Star In-house customer support

#1-Rated

Factoring mobile app

24/7/365

Truly Instant Funding

Testimonials

"We've been a client of OTR for 4 plus years, and our new team Zasha has been great. With OTR Solutions and team, you can put your factoring needs on auto pilot."
Nelly K.

"As a small family-owned transportation business, having a reliable factoring company makes all the difference—and OTR has truly gone above and beyond. Their team is responsive, professional, and always ready to help. What sets them apart is not just their service, but the way they treat you—with respect, honesty, and a true understanding of the transportation industry."
James P.

"OTR has been consistently outstanding—always quick to answer calls, extremely helpful, and professional. Their customer service is top-notch, and they've made managing our freight invoices so much easier."
Sasha T.

Everything you need in one partner.

No chargebacks

Freight factoring helps you avoid cashflow issues like chargebacks by providing upfront payments for your invoices.

24/7 instant funding

OTR's Truly Instant Funding means getting paid to any bank account in minutes, not days or weeks — even on bank holidays.

Discount fuel card

Access an average of $0.50 off per gallon at major truck stops such as TA/Petro, Speedway, Caseys and more, with the OTR Fuel Card.

#1-rated mobile app Handle your factoring needs on the go with the user-friendly OTR Mobile App, making your financial management easier.

Broker credit checks

Check broker credit any time and take the guesswork out of who you work with.

Real, human support

Our in-house team knows trucking inside and out. Get fast, real answers from a dedicated support team who knows your business.

Fast, reliable payments.

When you partner with OTR Solutions, you’re getting instant, transparent, and reliable payments that help your trucking company stay on track. That’s something that most other factoring companies claim to offer but never live up to.

Turn invoices into cash.

Don’t wait around for the money you’ve already earned. With OTR Solutions, you can turn your unpaid invoices into immediate cash to any bank account with no cutoff times, giving you the flexibility to grow your business without financial hold-ups.

Partner with the best.

With years of experience supporting the trucking industry, OTR Solutions offers the best freight factoring for new authorities. Let us help you navigate your new business with ease.

Bundle and Save

Running your own business means every dollar counts. When you pair True Non-Recourse Factoring with the OTR Fuel Card, you’ll lower your factoring rate up to 0.5% and get average savings of $0.50 per gallon — keeping more of your money where it belongs: in your pocket.

Our Blog

Articles and resources to keep you rolling.

Frequently Asked Questions

Got questions? We’ve got answers.

What is freight factoring and why should I use it for my new trucking company?
Freight factoring is a service where you sell your unpaid invoices at a discount and receive cash faster. Freight factoring ensures you have cash to cover expenses like fuel, maintenance, and payroll, helping you maintain your business from day one.

How long does it take to get paid?
With OTR Solutions' Truly Instant Funding, you can get paid to any bank account as soon as your invoices are approved, 24 hours a day, 7 days a week, 365 days a year.

Do I need good credit to qualify for factoring and what are the costs involved?
No, freight factoring is based on your customers’ credit, not yours. The cost depends on your agreement with the factoring company. OTR Solutions offers competitive rates to help new trucking companies succeed.

Can I use factoring if I’m a small trucking company?
Absolutely! Freight factoring is designed to help trucking companies of all sizes, including owner-operators and small fleets.

A smart move in the right direction.

Partner with OTR Solutions today and use the best freight factoring for new trucking companies. Keep your business moving in the right direction.