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Compare the best in factoring
See how Outgo compares to other factoring companies like RTS, OTR, Apex, eCapital, and more.
Find out how you can get –
• Rates as low as 1.0%
• No annual contracts
• Automated invoicing
• Instant access to funds
What does Outgo do differently?
How does Outgo compare?
Factoring is outdated, we do so much more
Traditional factoring companies
Generally not publicly available
2.5% or less based on your fleet size
Cancel within 14 days
Situational recourse at a cost
Free non-recourse
2-5% of an invoice
No reserves
Free broker credit checks
Free broker credit checks and over 3,000 brokers on platform
Generally not publicly available
Get broker details personalized to your business
FAQs
Drop your factoring rate to 1.0% on Outgo Card purchases and save on every purchase.
We review and process payments within 4 hours of invoice upload, 50% of invoices get paid in 90 minutes or less.
When you choose to factor, you're charged an industry-low factoring fee – your max rate, but if you decide not to factor, at Day 30 your rate drops to 1.0%.
Every quarter we will be evaluating if the current tier is still applicable to your business.
Movement of tiers will never occur without an Outgo representative connecting with you for further discussion about your current max rate. We understand that businesses evolve over time; it's important to note that this assessment does not guarantee increase or decrease in your max rate. We are always willing to discuss business challenges and work together, as partners, to find the best solution.
You may cancel our agreement at any time and we require a 14-day notice. To cancel, you’ll need to either buy out any invoices that we’ve processed on your behalf, or work with another factoring company to buy them out.
We will work with any factoring company to make your transition as easy as possible. We’ll even help you review your new contract with them. We’re always looking out for you, even if you decide to cancel your account with Outgo.
