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Freight FactoringDAT Solutions

DAT's Freight Factoring service, powered by OTR Solutions, offers a comprehensive financial solution for carriers and brokers in the transportation industry. This service enables quick access to funds by purchasing invoices, eliminating the need to wait 30 to 90 days for payment

Vendor

Vendor

DAT Solutions

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Company Website

Product details

DAT's Freight Factoring service, powered by OTR Solutions, offers a comprehensive financial solution for carriers and brokers in the transportation industry. This service enables quick access to funds by purchasing invoices, eliminating the need to wait 30 to 90 days for payment

Key Features True Non-Recourse Factoring OTR Solutions provides the industry's only True Non-Recourse factoring program, ensuring quick payments with a flat rate and no hidden fees or monthly volume minimums

  • .Factor when desired
  • Get paid as needed

Instant Funding With OTR Solutions BOLT Instant Funding, users can receive payments within minutes of submitting invoices

  • .Mobile app for invoice submission
  • Anytime, anywhere accessibility

Transparent Pricing OTR Solutions purchases invoices at a small, flat discount without any hidden fees

  • .Straightforward pricing structure
  • No unexpected charges

Benefits Improved Cash Flow Factoring allows businesses to access funds quickly, boosting growth and eliminating overdue payments

  • .Customized credit limits
  • Access to working capital tied up in accounts receivable

Back Office Support OTR Solutions provides elite back-office support, allowing carriers to focus on their core business

  • .Highly rated customer service (4.7/5 on Google, 4.9/5 on App Store)
  • Handles billing and administrative tasks

Integration with DAT Load Board The strategic partnership between OTR Solutions and DAT Freight & Analytics offers a unique factoring experience

  • .Pre-vetted brokers marked with blue checkmarks
  • Easy load booking and invoice submission