Daily News: February 12, 2015

Tetra Capital Closes Nine Factoring Facilities


Tetra Capital announced it recently provided factoring facilities for nine new transportation companies. The factoring facilities included:

  • $40,000 to a Nevada-based dry van company
  • $25,000 to an Alabama-based dry van company
  • $25,000 to a California-based refrigerated freight company
  • $25,000 to a Utah-based refrigerated freight company
  • $175,000 to an Indiana-based dry van and flatbed company
  • $50,000 to a Massachusetts-based refrigerated freight company
  • $125,000 to a Florida-based dry van company
  • $75,000 to a Texas-based refrigerated freight company
  • $25,000 to a New Jersey-based flatbed company