Tetra Capital

When you are starting your own trucking business, there are many decisions both big and small that need to be made before you can haul your first load. This is the fifth in a six-part series covering the key financial considerations for starting your own trucking business.  Financial Consideration 5: Secure Financing  So far in […]

Now is the perfect time to consider becoming an owner-operator. Here are many of the start-up costs to become a trucking owner-operator. Costs are based on 1 truck as the amount of trucks you have effects some but not all of the below costs.  CDL License Renewal and EndorsementAbout $450This fee is state dependent and […]

When you are starting your own trucking business, there are many decisions both big and small that need to be made before you can haul your first load. This is the third in a six-part series covering the key financial considerations for starting your own trucking business.  Financial Consideration 3: Obtaining Insurance  You may have […]

When you are starting your own trucking business, there are many decisions both big and small that need to be made before you can haul your first load. This is the first in a six-part series covering the key financial considerations for starting your own trucking business.  Financial Consideration 1: Acquiring Equipment  Acquiring trucking equipment […]

FOR IMMEDIATE RELEASE Tetra Capital, a factoring company specializing in the transportation industry, is delighted to be named one of the best trucking factoring companies by the FactoringClub, for the second consecutive year. Over 100 factoring companies were evaluated for the awards and winners were selected based on contract terms, customer service and leadership.  Jeremy Robison, […]

Here are a few of our favorite funny trucker memes and signs for when you need to smile because of all those weather, holiday traffic or just general traffic delays. Source: Pinterest.com Source: Pinterest.com Source: Pinterest.com Source: Pinterest.com Source: funnyand.com Source: funnyand.com Source: Pinterest.com Source: carhumor.net

Slow payments from brokers and shippers can negatively impact many carriers when you have fuel, maintenance and other expenses that can’t wait until you get paid. It may feel like there is little you can do since when you receive payment is out of your control even if you have indicated short payment terms. A […]

One of the best ways to grow your business and make more money is to haul more loads. With the right preparations and planning, you will be ready to take on the additional loads that will come your way, and our six tips will help show you how! Tip 1 – Get financing in place […]

How long does it typically take you to get payment from your brokers and shippers for your freight bills? For many carriers, it takes anywhere from 15 to 90 days to collect payment. But with receivables financing, we can get you paid within hours. According to a carrier in Idaho who hauls construction equipment and […]

One of the biggest hurdles facing someone starting their own trucking business is access to financing. When you have to wait 30 or 60+ days to get paid for the loads you haul how can you cover your immediate expenses such as fuel and maintenance without access to financing? Freight bill factoring has been the […]