DiscoverThe Trucking Entrepreneurs PodcastFactoring Services That Deliver What You Need with Wade & Jonathan of OTR Solutions
Factoring Services That Deliver What You Need with Wade & Jonathan of OTR Solutions

Factoring Services That Deliver What You Need with Wade & Jonathan of OTR Solutions

Update: 2022-07-21
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In this episode, Wade Fenton and Jonathan McCormack of OTR Solutions join today’s show. OTR Solutions has been working with small, medium, and large companies in various industries to solve cash flow problems by providing quick, easy, and affordable funding. Today, Wade and Jonathan discuss the factors that influence a company that needs Factoring Services and how they help to have more cash on hand, enabling you to take advantage of more opportunities, leading to sustained growth potential!  Sit back and enjoy this very informational interview!


Website: https://otrsolutions.com/


Wade - Inside Sales Coordinator & Jonathan - Vice President of Partnerships


OTR Solutions provides industry-leading technology and financial services, tools, and support to

help carriers and brokers start and grow a successful operation. Trucking companies and freight

brokerages of all sizes turn to OTR to receive reliable financing and back-office solutions, a

dedicated fuel team, up-to-date news and education, and technology and innovation to

prepare them for anything and everything. As a testament to its growth, OTR has been named

in the Inc. 5000 multiple years in a row and strives to improve the work experience for its

employees as a Top Workplace in 2017, 2018, 2019, 2020, 2021 and 2022 as named by the

Atlanta Journal-Constitution.

Founded in 2011 (OTR Capital, LLC) as a financial services and factoring provider dedicated to

improving cash flow for motor carriers, the recent launch of the OTR Solutions brand better

defines what carriers, brokers, and industry partners have come to expect from the company —

and what they can continue to expect for years to come. Along with the new brand, OTR

Solutions is offering several new services to the trucking industry, including ELEVATE, a first-to-

market solution that delivers value through branded email domains and customized websites

for carriers.

Included among the services that OTR is launching to expand its menu of services concurrent

with today’s name change are the following:

An expansion of OTR’s “Bolt” product to allow carriers to receive “direct to debit”

payments in a timely and cost-effective manner;

A “driver safety rating scorecard” tool that will allow carriers to monitor their FMCSA

scores to ensure that a surprise inspection doesn’t take them off the road;

An “OTR Solutions Forum” where carriers can trade notes best practices with their

industry colleagues, identify opportunities, and find new ideas for growing the success

of their business;

Expanded availability of OTR’s fuel advance app to allow carriers to receive advance

financing in today’s high fuel cost environment; and

The $9 Lumper Advance, which for a low and flat fee of $9 will provide advance

financing of lumper fees.

In the coming months and years, OTR will be expanding its menu of additional services in its

continuing quest to help carriers and brokers succeed.



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2022-10-2514:02

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Factoring Services That Deliver What You Need with Wade & Jonathan of OTR Solutions

Factoring Services That Deliver What You Need with Wade & Jonathan of OTR Solutions

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