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Home Press Releases Press Releases - Lifestyle

OTR Solutions Accelerates Its Factoring and Technology Strategy with Acquisition of CCT Factoring’s Transportation Portfolio

Cision PR Newswire by Cision PR Newswire
October 7, 2026
in Press Releases - Lifestyle
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ROSWELL, Ga., Oct. 7, 2026 /PRNewswire/ — OTR Solutions, the leader in logistics-focused financial technology and back-office solutions, today announced the acquisition of CCT Factoring’s transportation factoring portfolio, a subsidiary of Coeur Capital, Inc. The acquisition expands OTR’s client base and connects incoming carriers with factoring and business solutions built specifically for trucking and transportation.

OTR Solutions Company Logo

Clients’ existing factoring contracts, rates and programs remain unchanged as a result of the transition. Clients can continue submitting invoices as they do today while becoming familiar with the OTR Solutions mobile app and client portal, both available immediately to provide a more convenient way to upload invoices for payment and manage their accounts.

Incoming clients gain access to OTR’s 24/7/365 near-instant invoice approvals upon upload and instant funding to any bank account. They also gain access to the OTR Fuel Card and OTR Clutch business banking, expanding the tools available to better manage their businesses.

“Carriers depend on reliable funding to keep their businesses moving, and that guided our approach to this transition,” said Grace Maher, Chief Operating Officer of OTR Solutions. “We’re welcoming these clients with their existing factoring terms intact, more flexibility in how they submit invoices and access funding, and a team invested in their long-term success.”

Coeur Capital will continue providing factoring services to industries outside transportation. The sale places its transportation clients with a partner focused exclusively on the needs of trucking and transportation businesses.

“We value the relationships we’ve built with our transportation clients and wanted them to have a partner well equipped to support their next stage of growth,” said Bud Crawford, Partner at Coeur Capital. “OTR’s transportation expertise and technology made it a strong fit for these businesses. This transition also allows us to focus on growing our general factoring and asset-based lending business, where we plan to invest more time and resources.”

OTR completed the transaction and full transition of services in less than three months following the signing of the letter of intent. This marks OTR’s second factoring portfolio acquisition in less than a year, following its acquisition of TruckSmarter’s factoring and banking portfolio in November 2025.

“This acquisition further strengthens our position to shape the future of financial services in transportation,” said Fritz Owens, CEO of OTR Solutions. “We see significant opportunity to set a higher standard for how carriers access capital and manage their businesses. Through strategic acquisitions and continued investment in our technology, we intend to make OTR the financial and technology partner the industry turns to for what comes next.”

About OTR Solutions

Founded in 2011, OTR Solutions is a full-service freight factoring and transportation technology company that leverages easy-to-use systems to provide reliable cash flow, back-office support, and operating solutions to U.S.-based carriers and brokerages of all sizes. OTR has over 350 employees and is headquartered in Roswell, Georgia. To learn more about OTR Solutions’ portfolio of fintech solutions, please visit https://otrsolutions.com.

About CCT Factoring

CCT Factoring is a subsidiary of Coeur Capital, Inc., an Atlanta-based commercial finance company founded in 2020. Coeur Capital serves small and medium-sized businesses through ledger lines of credit, factoring, and asset-based lending. Its mission is to help clients achieve financial success through a collaborative approach and trusted financing partnerships. The company supports businesses through startup, growth, and restructuring, with financing solutions tailored to each client’s needs. For more information, visit www.coeurcap.com.

Media Contact:
John Landrum
Vice President of Marketing, OTR Solutions
johnl@otrsolutions.com
(770) 400-0845

OTR Solutions acquires CCT Factoring's transportation portfolio header image

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SOURCE OTR Solutions

Cision PR Newswire

Cision PR Newswire

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