Daily News: August 16, 2017

Tetra Capital Closes 13 Factoring Transactions Totaling $435K


Tetra Capital, a factoring company specializing in the transportation industry, provided factoring facilities for 13 new transportation companies totaling $435,000.

The factoring facilities included:

  • $30,000 to a flatbed company in the Northwest
  • $25,000 to a belly dump company on the West Coast
  • $25,000 to a flatbed company in the Intermountain Region
  • $40,000 to a flatbed company on the West Coast
  • $45,000 to a flatbed company on the West Coast
  • $25,000 to a dry van company in the Northwest
  • $25,000 to a refrigerated freight hauler on the West Coast
  • $25,000 to a refrigerated freight hauler in the Intermountain Region
  • $20,000 to an auto hauler in the South
  • $25,000 to a refrigerated freight hauler in the Northwest
  • $25,000 to a refrigerated freight hauler in the Midwest
  • $25,000 to a dry van company on the East Coast
  • $100,000 to a refrigerated freight hauler in the Intermountain Region