FREIGHT FACTORING

Madison Reed Founder and True Partner Amy Errett discusses the importance of deeply engaged relationships and mentorship.

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FREIGHT FACTORING PAYS FAST

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GET PAID IN 24 HOURS

Consistently ranked among the top consulting firms across the nation.

EASY SIGN-UP PROCESS

Dedicated to providing personal attention to all our clients.

GROW YOUR BUSINESS

We take pride fighting for individuals, not big insurance companies.

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HOW WILL YOU BENEFIT?

Invoices paid in 24 hours or same day if you need it.

Go ahead, try us out. Risk free.

Let us take on the risk of non-payment.

Evenings and even Saturdays!

We take care of collections and billing for you.

Say hello to rates you can work with.

A TYPICAL
FACTORING SCENARIO

FACTORING RATE

2 %

INVOICE VALUE

$ 1,500

TOTAL COST TO YOU

$ 30

IS FACTORING
 EXPENSIVE?

The first question you might be asking yourself is how much it costs. Determining your rate is quite straight forward. All factoring companies use a few basic criteria to calculate the rate:

  • Total dollar volume you factor each month
  • Average invoice amount
  • Collection period
  • Diversity base of your customers (referred to as “concentrations”)
  • Type of freight

Based on these criteria, rates are typically 1%-5% of the amount invoiced. The benefits of receiving immediate cash typically far outweigh the fee.

IS FACTORING
 EXPENSIVE?

The first question you might be asking yourself is how much it costs. Determining your rate is quite straight forward. All factoring companies use a few basic criteria to calculate the rate:

  • Total dollar volume you factor each month
  • Average invoice amount
  • Collection period
  • Diversity base of your customers (referred to as “concentrations”)
  • Type of freight

Based on these criteria, rates are typically 1%-5% of the amount invoiced. The benefits of receiving immediate cash typically far outweigh the fee.

A TYPICAL
FACTORING SCENARIO

FACTORING RATE

2 %

INVOICE VALUE

$ 1,500

TOTAL COST TO YOU

$ 30

OUR CLIENTS LOVE US

  • Very awesome company to work with.

    John Doe
    Very awesome company to work with. Everyone is very professional and easy to spe...

  • We get our funds very quick and the staff is always very helpful

    John Doe
    We get our funds very quick and the staff is always very helpful with any questions we might have.

  • Firstly I want to thank you for all your help

    John Doe
    Hello firstly I want to thank you for all your help since I started business, I am completely satisfied

  • I would recommend OTR Billing for all businesses

    John Doe
    Been great for our business. Through needed times I would recommend OTR Billing for all businesses that need help with their cash flow this is a great company