OTR Clutch Debit Service is Empowering Carriers with Innovative Banking Solutions in the Trucking Industry

FactoringMoney Matters
Written By Jennifer Joslyn

OTR Solutions has introduced OTR Clutch, a banking application designed for carriers in the United States. This innovative service allows carriers to open accounts with functionalities similar to standard bank accounts. Fleet managers can grant access to others and set spending limits on cards. Carriers using OTR Solutions for factoring can link their Clutch accounts to the company's platform, ensuring quick access to earnings. OTR Clutch offers a metal Visa debit card and various perks, such as interest on earnings and fee-free overdraft protection.

The company aims to promote financial inclusivity and accessibility within the trucking industry and believes this new service will empower carriers and small business owners. OTR Solutions rebranded from OTR Capital in 2022 to expand beyond its factoring expertise. The application is available on both the Apple App Store and Google Play Store, and its card services can be added to the Apple Wallet or Google Pay accounts.

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Jennifer Joslyn
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