Freight Broker Factoring
Much like carrier factoring, OTR’s freight brokerage factoring service handles all of your collections and gets you paid same day or next day. As an added benefit, OTR handles all payments to your carriers so you can focus on growing your brokerage. OTR gives you 24/7 access to your account via the online portal where you can check credit for customers, submit invoices and view your outstanding A/R. Excellent customer service a priority at OTR, making transactions simple and straightforward. If you have any questions or need more information on the services OTR Capital can provide your business, please email us at firstname.lastname@example.org.
Advantages of Freight Broker Factoring
• Same day or next day funding
• Provide up to 50% fuel advances to your carriers
• Allows you to offer quick pay to your carriers.
• 24/7 access to online portal to view aging reports, carrier payments, and much more.
• Improve your credit, giving you access to more carriers