Recourse Factoring vs. Non-Recourse Factoring

Recourse Factoring vs. Non-Recourse Factoring

One common question carriers have when considering trucking factoring is the difference between recourse and non-recourse factoring. What do these two trucking factoring options really mean for you and your bottom line? And I am not talking about top-level basic...
EFS Fuel Card Program

EFS Fuel Card Program

How can an EFS Fuel Card Program help you? We know as truckers, far too often you find yourself concerned whether or not you are getting a fair deal. We know how often you feel taken advantage of because of the circumstances you may find yourself in. This is why we...
Washington State and Trucking adds up to Good Business

Washington State and Trucking adds up to Good Business

Starting a trucking business in Washington state has many benefits.  Forbes Magazine placed Seattle, Washington in the top spot for 2019 for best places for business and careers. Additionally, Olympia holds the number 9 spot. Among the reasons to consider starting a...
Best Fuel Cards for Trucking

Best Fuel Cards for Trucking

Fuel costs are the most considerable expense for trucking owner-operators and small fleet owners. This means finding the best fuel cards for trucking can be critical to help you maximize your savings every time you fill up, so you are not leaving money on the table....
Writing a Trucking Business Plan

Writing a Trucking Business Plan

As you think about the steps to starting a trucking company business plan, it can seem overwhelming. Writing a trucking business plan is not one of the most exciting things you need to do to start your business. However, it will become the foundation of your business,...
The Driver’s Side Interview about Factoring

The Driver’s Side Interview about Factoring

Tetra Capital’s Matt Moore was recently interviewed by Wayne and Shela Campbell of The Morning Drive with The Driver’s Side. It was a great discussion about trucking factoring and how it can benefit owner-operators and what to look out for.  Matt joins the...
What is factoring in trucking?

What is factoring in trucking?

What is factoring in trucking? Factoring in trucking is a financing option that provides immediate payment for your invoices, so you don’t have to worry about waiting 30, 45, or 60+ days to be paid once you haul the load. Factoring in trucking is also called trucking...