Over-The-Road (OTR) Freight Factoring
Freight Factoring for Over-The-Road Carriers
 |
GET STARTED
OTR Freight Factoring
Freight factoring is crucial for over-the-road carriers, especially when billing customers on credit terms that can extend up to 90 days.
It protects cash flow from invoices with credit terms that the carrier has granted to its customers.
Non-Recourse and Up to 98% Advances
We provide non-recourse factoring, which protects you against bad debt, along with advances of up to 98%, allowing you to maximize your cash flow potential.
Immediate Cash
Factoring enables over-the-road carriers to convert their unpaid invoices into immediate cash and helps them maintain operational stability, invest in essential resources, and manage their expenses without having to wait for customer payments.
Extending Credit Terms
It also empowers OTR trucking companies to maintain and expand their practice of extending credit to their customers, as it promotes increased business and customer loyalty.
Many companies prefer to partner with carriers that offer flexible payment terms. This flexibility can help attract a broader client base and encourage long-term relationships.
More Information
For additional details on how OTR carriers can benefit from freight factoring and sustain a healthy cash flow, please contact us using this short form. We will respond promptly.