The Benefits Of Pairing Fuel Cards With Freight Factoring Services

Owning and operating a trucking business is no easy feat in today’s market. Rising fuel costs, long payment wait times, and an increasingly competitive landscape challenge even the most seasoned carriers. That’s where OTR Solutions comes in. With innovative tools like freight factoring and the OTR Fuel Card, we help carriers overcome these challenges and stay profitable.

One of the biggest hurdles in trucking is maintaining steady cash flow. Freight factoring with OTR Solutions ensures you get paid fast, eliminating the stress of waiting weeks or even months for broker payments. With BOLT Instant Funding, you can access your money in 24 hours or less, keeping your business moving without financial slowdowns. Plus, our True Non-Recourse Factoring protects you from broker non-payment, ensuring financial security—without chargebacks.

But cash flow is just one piece of the puzzle. Fuel costs are one of the largest expenses for trucking businesses, and managing them effectively can make a huge difference in profitability. That’s why bundling the OTR Fuel Card benefits with freight factoring services is a smart move. This combination not only lowers factoring rates but also helps you save on fuel, streamline payments, and simplify operations.

In this article, we’ll explore how pairing these two powerful tools benefits your trucking business by improving cash flow, reducing costs, and giving you more financial flexibility on the road.

Fuel: Your Largest Expense as a Trucking Business

Fuel costs are one of the largest and most volatile operational expenses for trucking businesses. Managing these costs effectively is essential for maximizing profitability. With the OTR Fuel Card, carriers can access exclusive discounts, saving $600 per truck per month—or $7,200 annually. Check your potential savings with the OTR Fuel Savings calculator.

Nationwide Fuel Savings

The OTR Fuel Card unlocks an average discount of $0.50 off per gallon at over 2,200 in-network locations nationwide; discounts can be as high as $2.25. Leveraging these savings, carriers can allocate funds toward other critical expenses like maintenance, insurance, and payroll, effectively decreasing overall operational costs.

Plan Your Stops with OTR Fuel Finder

The OTR Fuel Finder, available in the OTR Mobile App, helps you locate the best fuel prices along your route. Plan your stops ahead of time or quickly find the best discounts while on the road. With this tool, you’ll never miss an opportunity to save on fuel, no matter where you’re driving.

The Problem with Waiting 30+ Days for Payment

One of the biggest challenges for trucking businesses is the long wait times for broker and shipper payments. Waiting 30 or more days for payment can make covering immediate expenses, such as fuel, payroll or repairs difficult.

Faster Cash Flow with Factoring

Freight factoring services provide immediate access to funds you’ve already earned. Instead of waiting for payment, OTR Solutions pays you upfront—within 24 hours—so you can focus on running your business without cash flow stress.

Stay Financially Flexible

With factoring, you can access funds quickly to meet your financial obligations. Whether it’s covering fuel costs, paying drivers, or repairing equipment, factoring ensures your operations run smoothly, even when broker payments are delayed.

Why Bundling Fuel Cards with Freight Factoring Services Makes Sense

Bundling OTR’s freight factoring services with the OTR Fuel Card benefits carriers of all sizes—whether owner-operators or large fleets.

Lower Factoring Rates

When you bundle factoring with the OTR Fuel Card, you’ll unlock a lower factoring rate, maximizing your total savings. This cost reduction frees up extra cash, allowing you to reinvest in your business or cover other essential expenses while maintaining long-term profitability.

Significant Fuel Savings

With average savings of $0.50 per gallon, the OTR Fuel Card benefits carriers by offering unmatched discounts at over 2,200 locations. These savings quickly add up, making a meaningful impact on your business’s bottom line.

True Non-Recourse Factoring

Protect your business with True Non-Recourse Factoring from OTR Solutions. If a broker or shipper fails to pay, OTR absorbs the loss—without chargebacks—giving you peace of mind and financial stability.

Quick and Reliable Funding

Cash flow is everything in the trucking industry, and waiting on payments can slow down operations. With OTR’s BOLT Instant Funding, you get paid in 24 hours or less, keeping your cash flow strong and your business moving forward. Whether you need funds for fuel, maintenance, or other expenses, OTR ensures you have quick, reliable access to your money—without the wait.

The OTR Difference: Industry-Leading Customer Service

Navigating financial tools and programs can be overwhelming, especially when working with companies that lack personalized support. At OTR Solutions, we prioritize customer service so you can focus on running your business.

Dedicated Operations Team

OTR Solutions provides real human support—not frustrating digital menus. Each OTR Client has a dedicated in-house account manager to answer your questions, solve problems, and help you make the most of your factoring and fuel services.

Tools That Simplify Your Operations

OTR Solutions doesn’t just provide savings—it also offers tools that simplify your day-to-day operations, helping you run your business more efficiently.

OTR Mobile App and Client Portal

The OTR Mobile App and Client Portal allow you to manage your factoring and fuel accounts in one place. Check invoice statuses, transfer funds, and monitor your cash flow anytime, from any device.

Flexible Payment Options

Select how you want to allocate your funds. Use your factored invoices to load money onto your fuel card, transfer it to your bank account, or split funds between both—all through the app. With OTR Solutions, you’re always in control of your finances.

Plan Ahead with the OTR Fuel Finder

Locate the best fuel prices along your route using the OTR Fuel Finder, ensuring you save money at every stop. Integrated directly into the mobile app, it’s the ultimate tool for cost-conscious carriers.

Unlock Exclusive Industry Benefits

When you partner with OTR Solutions, you gain access to more than just fuel and factoring tools. You unlock a network of industry-leading benefits.

Broker Check Integration

Verify brokers and shippers with ease using OTR’s free 24/7 Broker Check integration. This feature helps you identify reliable customers before booking loads, reduce risk, and ensure smoother transactions for your business.

Valuable Partnerships

OTR connects you with top industry organizations for load boards, compliance, insurance and other resources. Leveraging these partnerships gives you the support you need to simplify and maintain operations.

Comprehensive Cash Flow Protection

OTR Solutions’ True Non-Recourse Factoring ensures that if a broker or shipper fails to pay, we cover the loss entirely. This unmatched protection gives you the confidence to take on new business without financial risk.

Why Now Is the Time to Bundle

The trucking industry is constantly evolving, and staying competitive requires strategic tools. Bundling the OTR Fuel Card with OTR’s  freight factoring services positions your business for long-term success. From unlocking immediate cash flow to saving thousands annually on fuel, the benefits of bundling are unmatched.

Frequently Asked Questions About OTR Fuel Cards and Factoring

You likely have some questions if you’re considering the OTR Fuel Card or freight factoring with OTR Solutions. Below, we’ve answered the most common inquiries to help you decide what’s best for your trucking business.

Can I use the OTR Fuel Card without factoring?

Yes, you can use the OTR Fuel Card without factoring with OTR Solutions. However, when you pair our fuel card with our freight factoring services, you unlock exclusive perks like a lower factoring rate, streamlined payments, and enhanced savings—making your operations even more efficient.

Can I factor with OTR Solutions without using the OTR Fuel Card?

Absolutely! You can factor with OTR Solutions without using the fuel card. Our factoring services provide immediate cash flow by paying you upfront for invoices, often within 24 hours. However, using the OTR Fuel Card alongside factoring offers even more benefits, including easier fund management and exclusive fuel savings.

How much can I save with the OTR Fuel Card?

With the OTR Fuel Card, carriers save an average of $0.50 per gallon. This adds up to $600 per truck per month or $7,200 annually—money you can reinvest in your business.

How many fuel stations are in-network with the OTR Fuel Card?

The OTR Fuel Card gives you access to discounts at over 2,200 in-network fuel stations nationwide. Even if you’re out of network, the OTR Mobile App’s Fuel Finder helps you locate competitive fuel prices wherever you’re driving.

What makes OTR Solutions’ True Non-Recourse Factoring unique?

OTR Solutions offers True Non-Recourse Factoring, which ensures you get paid and protects you against non-paying customers. If a broker or shipper fails to pay, OTR absorbs the loss entirely. Other factoring companies claim to offer this level of protection but will add hidden fees to your invoices to cover their loss. This unmatched protection gives carriers peace of mind and financial stability.

Get Started with OTR Solutions Today

When you partner with OTR Solutions, you’re gaining more than just freight factoring services and fuel card benefits—you’re gaining a trusted ally. With exclusive savings, unmatched tools, and superior customer support, OTR Solutions is here to help your trucking business thrive.

Apply today and start saving!