A yellow big rig truck driving through a hilly agricultural environment
A yellow big rig truck driving through a hilly agricultural environment
A yellow big rig truck driving through a hilly agricultural environment
A yellow big rig truck driving through a hilly agricultural environment

Today, we’re excited to announce the acquisition of our factoring business and the beginning of an exciting new long-term partnership with  OTR Solutions.   

We started our factoring business in 2022 with the firm belief that small trucking companies deserve the same speed, flexibility and access to capital historically afforded to only the largest of enterprises. As we focus the totality of TruckSmarter’s efforts on building a future where AI works for every truck driver, we wanted to find a partner for our factoring business that embodies those same beliefs.   

OTR Solutions is that partner.   

  • They offer similar solutions for factoring, fuel, and business banking, all built to keep money moving 24/7/365.  

  • They’re recognized nationwide for reliability, transparency, and innovation that puts carriers first. 

  • Most importantly, they share a similar ethos with TruckSmarter – a true willingness to serve the people moving our country

As partners, TruckSmarter and OTR Solutions will combine the best software / AI tools to run your business with the best financial and technology services providers in the industry. As we further the partnership, mutual customers will see integrated workflows across their entire business that help them find jobs faster and get paid even faster. 

2025 has been a significant year in our history. We’ve launched Dispatch, a suite of AI tools that work for truck drivers. We’ve raised funding to accelerate a future where truck drivers can be equipped with technology built for them. And now we have a long-term partner in OTR to provide our mutual customers with the best financial services in the industry.

We’re looking forward to continuing to serve you.

Onwards.

Written by

🚚 Save time finding loads with Dispatch

🔍 Learn about our 100% free load board

Share this content

TruckSmarter Logo Asphalt Grey Footer

*TruckSmarter, Inc. is a financial technology company and is not an FDIC-insured bank. Banking services provided by Thread Bank, Member FDIC. FDIC Insurance available for funds on deposit through Thread Bank, Member FDIC. FDIC deposit insurance covers the failure of an insured bank. Certain conditions must be satisfied for pass-through deposit insurance coverage to apply.

**The interest rate on your account is 2.48% with an Annual Percentage Yield (APY) of 2.50%, effective 9/18/2025. Rate is variable and is subject to change after account opening. Fees may reduce earnings.

***Your deposits qualify for up to $3,000,000 in FDIC insurance coverage when Thread Bank places them at program banks in its deposit sweep program. Your deposits at each program bank become eligible for FDIC insurance up to $250,000, inclusive of any other deposits you may already hold at the bank in the same ownership capacity. You can access the terms and conditions of the sweep program at https://thread.bank/sweep-disclosure/ and a list of program banks at https://thread.bank/program-banks/. Please contact [customerservice@thread.bank] with questions on the sweep program. Pass-through insurance coverage is subject to conditions.

****Terms and conditions apply to the TruckSmarter cash back rewards program. Please see Program Terms for details.

TruckSmarter Logo Asphalt Grey Footer

*TruckSmarter, Inc. is a financial technology company and is not an FDIC-insured bank. Banking services provided by Thread Bank, Member FDIC. FDIC Insurance available for funds on deposit through Thread Bank, Member FDIC. FDIC deposit insurance covers the failure of an insured bank. Certain conditions must be satisfied for pass-through deposit insurance coverage to apply.

**The interest rate on your account is 2.48% with an Annual Percentage Yield (APY) of 2.50%, effective 9/18/2025. Rate is variable and is subject to change after account opening. Fees may reduce earnings.

***Your deposits qualify for up to $3,000,000 in FDIC insurance coverage when Thread Bank places them at program banks in its deposit sweep program. Your deposits at each program bank become eligible for FDIC insurance up to $250,000, inclusive of any other deposits you may already hold at the bank in the same ownership capacity. You can access the terms and conditions of the sweep program at https://thread.bank/sweep-disclosure/ and a list of program banks at https://thread.bank/program-banks/. Please contact [customerservice@thread.bank] with questions on the sweep program. Pass-through insurance coverage is subject to conditions.

****Terms and conditions apply to the TruckSmarter cash back rewards program. Please see Program Terms for details.

TruckSmarter Logo Asphalt Grey Footer

*TruckSmarter, Inc. is a financial technology company and is not an FDIC-insured bank. Banking services provided by Thread Bank, Member FDIC. FDIC Insurance available for funds on deposit through Thread Bank, Member FDIC. FDIC deposit insurance covers the failure of an insured bank. Certain conditions must be satisfied for pass-through deposit insurance coverage to apply.

**The interest rate on your account is 2.48% with an Annual Percentage Yield (APY) of 2.50%, effective 9/18/2025. Rate is variable and is subject to change after account opening. Fees may reduce earnings.

***Your deposits qualify for up to $3,000,000 in FDIC insurance coverage when Thread Bank places them at program banks in its deposit sweep program. Your deposits at each program bank become eligible for FDIC insurance up to $250,000, inclusive of any other deposits you may already hold at the bank in the same ownership capacity. You can access the terms and conditions of the sweep program at https://thread.bank/sweep-disclosure/ and a list of program banks at https://thread.bank/program-banks/. Please contact [customerservice@thread.bank] with questions on the sweep program. Pass-through insurance coverage is subject to conditions.

****Terms and conditions apply to the TruckSmarter cash back rewards program. Please see Program Terms for details.

TruckSmarter Logo Asphalt Grey Footer

*TruckSmarter, Inc. is a financial technology company and is not an FDIC-insured bank. Banking services provided by Thread Bank, Member FDIC. FDIC Insurance available for funds on deposit through Thread Bank, Member FDIC. FDIC deposit insurance covers the failure of an insured bank. Certain conditions must be satisfied for pass-through deposit insurance coverage to apply.

**The interest rate on your account is 2.48% with an Annual Percentage Yield (APY) of 2.50%, effective 9/18/2025. Rate is variable and is subject to change after account opening. Fees may reduce earnings.

***Your deposits qualify for up to $3,000,000 in FDIC insurance coverage when Thread Bank places them at program banks in its deposit sweep program. Your deposits at each program bank become eligible for FDIC insurance up to $250,000, inclusive of any other deposits you may already hold at the bank in the same ownership capacity. You can access the terms and conditions of the sweep program at https://thread.bank/sweep-disclosure/ and a list of program banks at https://thread.bank/program-banks/. Please contact [customerservice@thread.bank] with questions on the sweep program. Pass-through insurance coverage is subject to conditions.

****Terms and conditions apply to the TruckSmarter cash back rewards program. Please see Program Terms for details.