Freight Bill Invoice Factoring
Freight Bill Invoice Factoring
Don’t wait to get paid — use invoice factoring to get your cash quickly and securely.
One of the hardest parts of trucking is waiting on customer payments to get the cash you need to run your business. From fuel to repairs to other day-to-day costs, there are a lot of expenses to take into account. Freight bill factoring can get you the cash you need to keep your business running smoothly without loans or debts.
- Submit your invoice and get paid within 24 hours.
- Run your business without worrying about slow-paying customers.
- Discover freight invoice factoring with your best interests in mind.
Submit your invoice and get paid within 24 hours.
With freight bill invoice factoring, you can get cash for deliveries within hours.
Not knowing when your payments will arrive is frustrating, and a lack of funds can strain your business. Just because you haven’t been paid yet, doesn’t mean your expenses stop.
With trucking invoice factoring companies like OTR Solutions, you don’t need to wait 30 or even 60 days to get paid. Instead, you’ll receive funds within 24 hours of submitting your paperwork so you can focus on making your deliveries.
Run your business without worrying about slow-paying customers.
You shouldn’t have to give up business opportunities because you’re waiting to get paid.
You can’t afford to sit around waiting for payments. If you don’t have cash available to operate your business, you might turn down loads because you can’t cover fuel, maintenance, or other expenses.
Using freight bill factoring companies like OTR Solutions enables you to pick which invoices you want to factor. With control over when and how you get paid, you can eliminate stress over meeting first-of-the-month expenses, making late payments, and paying for fuel for new loads.
Discover freight invoice factoring with your best interests in mind.
Gain power over when you get paid for your deliveries.
Getting paid for deliveries is often more complicated than it needs to be, but OTR Solutions can help simplify the process. Every trucking business has different needs in terms of cash flow and time ranges for payment. Secure funds when you need them with OTR Solutions factoring program.
After submitting your invoice, you’ll receive funds within 24 hours. OTR Solutions transparent pricing and lack of unnecessary fees will help your business succeed and grow.
"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
Instead of waiting months for customers to pay for deliveries, you can sell your accounts receivable to a trucking invoice factoring company that takes a small percentage and pays you the rest of the value of the invoice within hours. This process involves selling the invoice, meaning you don’t incur any debts (unlike with a bank loan). The factoring company will pay you directly and then obtain payment from your customer.
With factoring, you can get an advance on your invoice within 24 hours, instead of waiting one to three months for the customer’s payment to arrive.
It’s true that in the early days of freight bill factoring, there were some companies that behaved unprofessionally. From engaging in deceptive practices to charging massive fees for their services, these companies gave factoring a bad name.
Fortunately, those days are in the past. Today, factoring is a standard, reliable practice that’s widely accepted as a form of payment across many industries. When you turn to a trusted company like OTR Solutions to handle your freight invoices, you can rest assured you’re getting the most competitive prices with the highest quality of customer service.
While other companies have monthly minimums, credit restrictions, volume limits, or hidden fees, OTR Solutions offers true non-recourse freight capital factoring, transparent pricing, and same-day invoice processing via wire transfer, ACH, or OTR BOLT.
OTR can grow alongside your business and meet your changing needs. You’ll have access to customized factoring programs, real-time data via the online client portal or the mobile app, and a dedicated account manager for your back-office and cash flow 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!