Smart Factoring

Owner-operators

Automated invoicing

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Smart Factoring

+1 (201) 730-6980

support@outgo.co

Smart Factoring

Rate Match Guarantee

Owner-operators

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Automated invoicing

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support@outgo.com

+1 (201) 730-6980

Owner-operators

Automated
invoicing

Broker verification
& insights

Rate Match Guarantee

How can we help?

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What is my factoring limit

Your factoring limit is the total amount you’re permitted to factor from your unpaid invoices at a given time. Your limit is based on your unique business information such as your business size, age, and history.

How do I add a new debit card for Instant Transfers?

How do I make an instant transfer?

‍‍Instant Transfers move faster than ACH/wire transactions because they don’t depend on banking windows. So, you can use Instant Transfers 24/7/365 without worrying about ACH windows, weekends, or federal holidays.‍

How do I refer friends to Outgo?

Earn up to $500 for every friend you refer!

Invoice verification

Invoice verification

Banking

Transfers

Outgo Card

What is my factoring limit

How do I add a new debit card for Instant Transfers?

How do I make an instant transfer?

How do I refer friends to Outgo?

Where can I see my factoring fees?

Where is Outgo available?

Where can I find my transaction statements?

Where can I find my account and routing numbers?

What happens to an invoice if the broker is not approved?

When would Outgo not approve a broker?

What platform is Outgo on?

What is Outgo's factoring rate?

What does Spending Power mean?

What does partial factoring mean?

What does Factorable Balance mean?

What do the status' draft, awaiting payment, and paid mean?

What are the requirements to join Outgo?

How much are ATM fees with the Outgo Card?

How soon will funds be deposited into my account?

How much are ACH and Wire transfers?

How do I lower my factoring rate to 1.0%

How long is an agreement with Outgo?

How long do ACH Transfers take?

How fast can I begin factoring with Outgo?

How do I wire transfer funds to an external account?

How does Outgo offer such low rates?

How do I transfer factor money from my Factorable balance to my Checking account?

How do I reset my password?

How do I submit load documents?

How do I setup my Outgo Card with Google Pay?

How do I setup my Outgo Card with Apple Pay?

How do I get started with Outgo

How do I report fraudulent behavior on my card?

How do I link my external bank account to my Outgo account?

How do I order a card?

How do I change my pin?

How do I activate my new Outgo Card?

How do I cancel, replace, or freeze my card?

How do I ACH transfer to an external account?

How can I verify a broker is approved?

How can I factor for 1.0% with my Outgo Card?

How are factoring fees charged on-demand?

Does the Outgo Card have fuel discounts?

Can I use a check printing provider?

Do I have to sign an agreement to join Outgo?

Do I have to factor every invoice?

Can I switch to Outgo if I have a contract with another factoring company?

Can I order a checkbook?

Can I link my payroll system to my Outgo bank account?

Are there daily limits to deposits?

Can I join Outgo if I've never factored before?

Are there daily limits on withdrawals?

Need more help?

support@outgo.co

+1 (201) 730-6980

Our team of experts is available Monday through Friday

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Smart Factoring

Rates & Fees Rate Match Guarantee Buyout

Why Outgo Owner-operators Fleets Brokers Affiliates

How It Works Automated invoicing Verified brokers Banking Cards

How does Outgo Compare? RTS vs Outgo TBS vs Outgo Triumph vs Outgo TAFS vs Outgo

Phone

+1 (201) 730-6980

Mail

support@outgo.com

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Made in Seattle

Outgo Inc
117 E Louisa St. #161
Seattle, WA 98102

Outgo Inc, 2024. Copyright. All rights reserved.

Terms and conditions Privacy policy

¹

Outgo Inc is a financial technology company, and is not a bank. Banking services provided by TransPecos Banks, SSB, Members FDIC.

The Outgo Business Visa Debit Card is issued by TransPecos Banks, SSB, pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa is accepted.

²

Accounts are eligible for pass-through deposit insurance only to the extent pass-through insurance is permitted by the rules and regulations of the FDIC, and if the requirements for pass-through insurance are satisfied. There may be a risk that pass-through deposit insurance is not available because conditions have not been satisfied. In such cases, funds may not be fully insured in the event the insured depository institution where the funds have been deposited were to fail.

³

Offer open to eligible freight carriers who are under active factoring contracts meeting the criteria below (“Qualifying Contracts”). Outgo will match the discount rate (also known as factoring rate) in the Qualifying Contracts for one year (“Rate Match Program”).

Recourse contracts not eligible, rate match applies to discount rate only, and excludes banking, service and other fees. In the event that Outgo incurs costs to facilitate a buyout of a Qualifying Contract, eligible carriers may be required to pay a premium atop the matched rate for a “buyout pricing period” until Outgo has recouped the buyout costs. Rate match period effective for one year, begins upon Outgo contract signing or after conclusion of any applicable buyout pricing period, whichever occurs later.

To qualify, a contract must meet the following conditions

Contract is active and in force and verified as such by Outgo
Contract is for non-recourse factoring. A contract is deemed to be non-recourse if the carrier is not liable for counterparty default or financial inability to pay.
The contract may not include any of the following financial services (i) equipment loans, (ii) merchant cash advances
The following terms of the contract must be the same to be eligible: (i) 100% advance rate, (ii) $0 check processing fee (iii) $0 per invoice fee

To be eligible, a carrier must meet the following conditions

Carrier must be approved to factor with Outgo by completing its underwriting process. Approval is in Outgo’s sole discretion as per sections 3a and 3b of the Outgo Factoring Agreement
Carrier must have an average invoice value of at least $750 for all invoices submitted in the prior 30 days. Upon request, Carrier must provide documentation demonstrating this.
The contract may not include any of the following financial services (i) equipment loans, (ii) merchant cash advances

Offer valid in the United States only, from 11/18/24 to 1/18/25, does not apply to existing Outgo customers. Outgo engagements under the Rate Match Program are subject to all Outgo Terms of Service, Instant payment agreements, and Outgo’s privacy policy, all located at Outgo.com/legal.