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.