Factoring involves the selling of invoices at a small discount to improve cash flow. Factoring lets you benefit from an immediate boost to cash flow, and eliminates the time you have to spend processing invoices. No more waiting for 30, 40, 50, or even 60 days to get paid. 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.
OTR Capital Offers Quick, Easy and Reliable Factoring
There’s no question that a thriving trucking business is essential to the success of the American economy. With fuel prices on the rise and regulations constantly changing, it can be difficult for [...]
If you’re seeking the best factoring company for your trucking business this guide will help identify what to look for from the best factoring companies. There are many reasons trucking companies look to [...]
OTR Capital Announce Partnership with DAT Freight & Analytics 10/06/2021 Portland, Oregon — DAT Freight & Analytics today announced a partnership with OTR Capital that expands factoring services [...]
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