Tetra Capital, a factoring company specializing in the transportation industry, announced it recently provided factoring facilities for six new transportation companies. The factoring facilities included:
- $200,000 for a freight brokerage in the Intermountain Region
- $25,000 to a dry van company in the Intermountain Region
- $25,000 to a refrigerated freight hauler in the Southern Region
- $40,000 to a dry van company in the Midwest Region
- $25,000 to a flatbed company in the Northwest Region
- $40,000 to a flatbed company in the Northwest Region
Tetra Capital assists transportation companies with cash flow needs by providing invoice factoring and freight bill factoring services.