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OTR vs. Outgo: Which is the better factoring company?
Here’s what Outgo offers
Rates as low as 1.0%
No annual contracts
Non-recourse is free
Instant access to funds
No reserves
Transparent pricing
Compare for yourself
OTR
Rate
Not publicly available
2.5% or less based on your fleet size
Smart Factoring
No Smart Factoring
Get an an even lower rate with Smart Factoring
1% on purchases with the Outgo Card
Payout speeds
Same-day
4 hours or less
Even better—50% of our invoices are factorable in 90 minutes or less. 25% of invoices within 15 minutes.
Contracts
Not publicly available
Short-term contracts
Free to cancel within 15 days.
Recourse
Not publicly available
Non-recourse standard
If a factorable broker goes bankrupt or folds, you won’t have to repay payments received.
Reserves
Not publicly available
No reserves
Broker credit checks
Free broker credit checks
Free broker credit checks
Instant transfers
Transfer instantly via Bolt
$25.00 fee
Factor instantly on your Outgo Card
Transfer instantly using Visa Direct Network
1.0% fee (Max $20.00 fee)
ACH transfers
Not publicly available
Free ACH Transfers
Wire transfers
Not publicly available
$20.00 wire fee
Product
Two applications & two apps
One platform on Web, iOS and Android
Don't just take our word for it –
Outgo reduces factoring costs and headaches
Check out how we compare to TBS Factoring, TAFS, RTS, and Triumph.
