# OTR Solutions

> OTR Solutions provides U.S. trucking carriers, fleets, and freight brokers with invoice factoring, fuel cards, payment tools, business banking through Thread Bank, and back-office automation. Founded in 2011 as OTR Capital, it now combines financing with freight-specific software and transaction intelligence.

- **Founded:** 2011
- **Headquarters:** Roswell, United States
- **Founders:** Fritz Owens (CEO and Co-Founder), Kevin Nolan (Founder), Blake Malone (Co-Founder)
- **Products:** True Non-Recourse Factoring, Fleet Factoring, BOLT Instant Payment, OTR Fuel Card, OTR Clutch
- **Notable:** Expanded from OTR Capital into OTR Solutions in 2022., Acquired Epay Manager in February 2024., Acquired TruckSmarter’s factoring and banking division in November 2025.

## Products & services

- **True Non-Recourse Factoring** — Purchases approved freight invoices and assumes qualifying broker non-payment risk, including qualifying non-payment beyond insolvency or bankruptcy. Agreement terms govern coverage.
- **Fleet Factoring** — Recourse and non-recourse programs with invoicing, collections, TMS integrations, and no monthly volume minimums.
- **BOLT Instant Payment** — Instant payment option introduced in 2021; current Truly Instant Funding offers eligible carriers approved payments in seconds, including weekends and holidays.
- **OTR Fuel Card** — Fuel purchasing and discounts; advertised acceptance at over 8,000 locations and discounts at over 3,000 in-network stations. Savings vary. Available without factoring.
- **OTR Clutch** — Trucking-focused business banking interface. OTR is a fintech, not a bank; banking services are provided by Thread Bank, Member FDIC.
- **Epay Manager** — Broker accounts payable, accounts receivable, document audit, carrier payments, and back-office automation; acquired in February 2024.
- **OTR365** — Connected technology ecosystem supporting carrier financial tools and broker automation, introduced in 2025.
- **OTR Select** — Broker platform using verified carrier activity and invoice-backed rate data for capacity sourcing and structured requests for bids.
- **Fuel and lumper advances** — Pre-delivery funding tools; load advances can reach 50% of linehaul, with published method-specific fees.
- **Peruse document automation** — AI document classification, audit, fraud detection, and data extraction technology acquired in February 2026.

## Achievements

- Expanded from OTR Capital into OTR Solutions in 2022.
- Acquired Epay Manager in February 2024.
- Acquired TruckSmarter’s factoring and banking division in November 2025.
- Acquired Peruse Technology in February 2026.
- Launched OTR Select in March 2026.
- Acquired CCT Factoring’s transportation portfolio in October 2026; the announcement says transaction and service transition took less than three months after the letter of intent.

## Latest updates

- **2026-10** — Acquired CCT Factoring’s transportation portfolio, preserving incoming clients’ existing contracts, rates, and programs, according to the October 7 announcement.
- **2026-03** — Launched OTR Select for verified carrier sourcing and invoice-backed rate intelligence.
- **2026-02** — Acquired Peruse Technology for document automation and fraud prevention.
- **2026-02** — Nolan Transportation Group joined the Epay Manager network.

## Links

- Website: https://otrsolutions.com/
- LinkedIn: https://www.linkedin.com/company/otrsolutions/
- Twitter/X: https://twitter.com/OTRSolutionsLLC
- YouTube: https://www.youtube.com/channel/UChMO6kz2HrG5iz9OZUEmihg
- Instagram: https://www.instagram.com/otrsolutions/
- Facebook: https://www.facebook.com/OTRSolutions/

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Profile page: https://yespress.io/otr-solutions
Published by YesPress — https://yespress.io
Last updated: 2026-10-25