Daily News: January 6, 2016

Tetra Provides $300,000 in Transportation Factoring


Tetra Capital, a factoring company specializing in the transportation industry, recently provided factoring facilities for 10 new transportation companies. The transactions totaled $300,000.

The factoring facilities included:

  • $25,000 to a flatbed company in the Intermountain region
  • $25,000 to a refrigerated freight hauler in the Intermountain region
  • $25,000 to a dry van company in the Intermountain region
  • $50,000 to a dry van company in the Midwest
  • $25,000 to a flatbed company in the Intermountain region
  • $25,000 to a refrigerated freight hauler in the Southeast
  • $50,000 to a dry van company in the Northwest
  • $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 in the Intermountain region

Tetra Capital assists transportation companies with their cash flow needs by providing invoice factoring and freight bill factoring services.