OTR Capital believes in simple and straightforward transactions, without hidden costs and unfair termination fees and rules. We understand the importance of quick, easy, and reliable payments and strive to provide our clients with the best factoring experience in the business. This focus allows us to build strong, long lasting relationships with our partners built on trust.
Industries We Serve
What is Factoring?
Factoring involves the selling of invoices to a third-party company at a small discount in order to improve cash flow. When a business uses invoice factoring, they benefit through an immediate boost to cash flow, while at the same time eliminating the need to process invoices. You will no longer have to wait 30,40,50, or even 60 days to get paid. Instead you will receive payment within 24 hours from when the invoice is submitted. This instant cash allows companies to maintain positive cash flow even if a traditional bank loan is not an option.
For years, OTR Capital has been working with small, medium, and large companies, in a variety of industries, to solve cash flow problems by providing quick, easy, and affordable funding. Our clients have seen the benefit of this readily available capital through steady and continued growth. OTR provides the services you need to take advantage of more opportunities, leading to sustained growth potential.
“I didn’t think it was possible to open an account with a factoring company so easily. OTR Capital made it extremely easy especially with their no minimum volume required. We factored only about 50% of our bills before but now we factor about 99% through OTR. We have been so very pleased with the excellent customer service we have received. It is amazing to know that you have one person that you can always call and they know what is going on and not get the run around. Anytime we have had a question all you have to do is send an email or a simple phone call and you always get to speak with someone quickly. Our account manager Rachel and her team are amazing and so very helpful. I would recommend OTR Capital to anyone looking to better their business.”
“We have worked with OTR Capital for the past 3 years. Having the confidence that your invoices will be paid next day is a pleasure and knowing that you’re calling their office and your call will be answered. OTR Capital as a factoring company for our business is a pillar as cash flow for our drivers. I recommend their business to all the trucking companies looking to work with people that care and respect your business. As an owner of a trucking company and dealing with a market that is variable, working with OTR Capital and checking each broker gives you a piece of mind knowing you are working with somebody that will make sure you get paid.”
“We have been doing business with OTR Capital for 1 year. In that time we have found that the customer service and the individual attention we receive has been superb. Every time I call for any reason I’m always met with courteous, friendly, respectful agents that seem to enjoy the company they work for. All of the requests I have made over the past year for various paperwork and documents have also been met with promptness. Tyler Dortch (our Senior Account Manager) is absolutely wonderful and has always insured that if he is not available that his team has the knowledge to help us with any question that might have arisen. In addition, the ease of managing our cash flow that OTR Capital has given us has helped us achieve that amazing growth that we have experienced in our first year of business. We have gone from having 1 truck on the road to 6 with in one short year.”
“I must say that our overall service we receive from OTR has been indeed good for our business as we strive to grow. OTR has exceeded my expectations on customer service. Overall, I look forward to growing and partnering with OTR as we move forward.”
OTR Capital has really been a great help with the starting of my business. Thank you and your staff for your assistance and always being prompt.
What’s your rate? It’s usually the first question asked when starting a conversation with a factoring company, after all, it is one of the most important items when considering a factoring proposal. Well, [...]