How can we help?
How does Outgo offer such low rates?
Our products are built with new technology that helps us save you money in places traditional factoring companies can’t.
We automate invoice funding, ACH/Wire transfers, and invoice reconciliation. This allows us to offer our customers a dramatically cheaper rate than 3% per month.
We can delay factoring for you until they need access to funds, whereas a typical factoring company always enforces a 30-day minimum term. This enables us to offer rewards rates based on how and when you choose to factor instead of the 'monthly factoring rate' that is more common in the industry. This means you can save more with Outgo than with other factoring companies.
Your ways to save
- Make purchases with the Outgo Card and drop your rate to 1.0%
- Wait till Day 30 and your factoring rate on remaining factorable funds drops to 1.0%
How soon will funds be deposited into my account?
You can access funds after you submit your Rate confirmation and Bill of lading are approved based on the broker’s status & eligibility.
Four hour funding qualifications
Broker is approved for factoring
Documents are submitted before 3pm EST / 12pm PST
You’ve previously worked with this broker on the Outgo platform
Within 2 business days
Approved brokers you haven’t worked with previously on the Outgo platform or if a rate verification is required.
If the broker isn’t approved or the invoice isn’t eligible for factoring, funds will be deposited in your Checking account when the invoice is paid by the broker.
How do I reset my password?
Reset your password by
- Tap Sign in at Outgo.co or go directly to app.outgo.co
- Tap Forgot password?
- Enter your email address
- Tap continue
- Follow the instructions sent to your email.
How do I submit load documents?
To submit load documents in the Outgo iOS, Android or or our web application.
- Navigate to the Invoice tab
- Tap + New in the upper left hand corner
- Fill out the form and add all related documents
- Tap submit.
Our team will transcribe the load information, create, and send the invoice on your behalf.
If there are any issues, our team will reach out to you.