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.