Roswell, Georgia freight finance company, formerly OTR Capital, offering recourse and non-recourse factoring with instant 24/7 funding, fuel cards and payment tools for brokers.
Services
Who it serves
Overview
OTR Solutions is a freight finance company headquartered in Roswell, Georgia. It started in 2011 as OTR Capital, a factoring company for motor carriers, and rebranded to OTR Solutions in 2022 as it added more products. Today its site groups its offers into factoring, fuel, banking and tools for freight brokers.
The company describes itself as a financial technology company, not a bank. Its business banking product is provided through a partner bank, which the site names. OTR's home page reports more than 225,000 companies served and more than 22 million invoices processed, figures the company publishes about itself.
Compare with other Factoring providers: Apex Capital, RTS Financial and TAFS (now part of eCapital), or see all Factoring.
Services
For carriers, OTR offers what it calls True Non-Recourse Factoring and a Fleet Factoring program, plus recourse factoring. Its funding product, which grew out of the BOLT instant payment feature launched in 2021, sends approved invoice payments to a bank account within seconds, 24 hours a day, every day of the year, including weekends and holidays.
Carriers can take fuel advances of up to 50 percent of the linehaul amount before delivery, deducted from the final payment. The OTR Fuel Card and OTR Fleet Fuel Card offer fuel discounts and fuel credit for eligible carriers. OTR Clutch is its business banking product for truckers.
For brokers, OTR lists OTR Select, working capital solutions, carrier payments and back-office automation. In 2025 it launched OTR365, a network that connects brokers and carriers with automation and real-time funding. Carriers can also check broker and shipper credit status at any time through the app or web portal.
Who it is for
OTR works with owner-operators, new authorities and established fleets. Its FAQ says carriers do not need a personal credit check to apply for factoring or the fuel card, and new authorities can qualify. Brokers are a second audience, with separate products for paying carriers and funding working capital.
Carriers that run nights and weekends and want payment as soon as an invoice is approved are the clearest fit for the instant funding model.
How working with them works
Applicants start through the Get Started page. The FAQ says applications usually need proof of insurance, articles of ownership and operating authority. OTR assigns account managers and says calls are answered and emails returned from 8 AM to 8 PM Eastern.
Factoring rates are not published. The FAQ says rates depend on invoice volume and program type, and that OTR reviews costs with each carrier before they start. Some fees are published: as listed on their website in November 2026, a fuel advance costs $15 when sent to the OTR Fuel Card and $24 when sent by Comchek, and the OTR Fuel Card has no in-network transaction fees.
The FAQ says there are no monthly volume minimums, but once a carrier starts factoring a particular broker, it must keep factoring that broker's invoices until OTR gives a release. Contract length varies by program. OTR also runs a Buyout Taskforce that offers free contract reviews for carriers leaving another factor.
Questions to ask before you sign
Ask which brokers qualify for True Non-Recourse coverage and what events are covered. OTR says its non-recourse can apply even when a broker is still operating, so get the exact conditions, time limits and exclusions such as disputes, claims and short pays in writing.
Ask for your factoring rate and advance rate, and whether any reserve is held. Ask whether instant funding carries its own fee and how that compares with standard same-day funding.
Get the full fee list beyond the published advance fees, including any charges for lumper advances, paper handling, wires or invoice corrections.
Ask the contract length for the program you are offered, the renewal date, how much written notice you must give before renewal, and whether an early exit triggers a fee. OTR's own FAQ notes that missing a notice window can cause an automatic renewal.
Ask how the rule on factoring all invoices from a broker works in practice, and how a release is requested.
Ask how notice of assignment is sent to your customers, how broker credit limits are set, and how quickly a credit check answers before you book a load. If you also want the fuel card, ask how fuel credit limits are set.
Company background
OTR's About page lists Kevin Nolan as founder, Blake Malone as co-founder and Fritz Owens as CEO and co-founder. Other executives listed include Grace Maher as Chief Operating Officer and Clayton Griffin as President. The page lists milestones such as an early factoring mobile app in 2015, a real-time client dashboard in 2016, BOLT instant payment in 2021, the 2022 rebrand and the 2025 launch of OTR365.
The company has grown by acquisition as well. In November 2025 OTR acquired the factoring and business banking division of TruckSmarter, moving those clients onto OTR's platform while TruckSmarter kept its load board and dispatch technology. In October 2026, Dealroom reported that OTR acquired the transportation factoring portfolio of CCT Factoring, a subsidiary of Atlanta-based Coeur Capital, with those trucking clients moving onto OTR's platform. The company's offices are on Holcomb Woods Parkway in Roswell, Georgia.
Sources
Information compiled from public sources. Last verified November 2026. Confirm details directly with the company.
