For many, it can be hard to find trucking business financing that can keep you in business. With so many trucking companies being turned down by traditional banks, it can be hard to know where to turn when you need working capital. For some owner-operators, trucking factoring, otherwise known as freight bill factoring, can help. […]
May 8, 2018
Freight Factoring Services – Cash flow when you need it
Freight factoring services offer trucking owner-operators, and small fleet owners access to cash flow when they need it. Since it is not uncommon for carriers to face uncertainty when it comes to when you will receive payments from your brokers and shippers for your freight bills, by partnering with a freight factoring company you can […]
April 19, 2018
Starting a Trucking Business? Trucking Factoring Can Help
Start-up loans and financing can be hard to come by for trucking owner-operators. So for those looking to start a trucking business the options of where to turn for working capital can be limited. For some owner-operators, trucking factoring, otherwise known as freight bill factoring, can help. Below hear from a refrigerated freight hauler who […]
April 10, 2018
Best Trucking Factoring Company
The Factoring Club recently announced their list of the best trucking factoring companies of 2018 by region. Tetra Capital is pleased to have been awarded the winner in the west which includes states such as Utah, Idaho, Nevada, and California. The Factoring Club, which is an online directory of factoring companies, judged freight bill factoring […]
March 15, 2018
Utah Trucking Company Expands Business with Tetra Capital
The trucking industry is very competitive, so in order to expand your business, small fleets and owner-operators can use all the advantages that are available to them. For a trucking company in Utah that hauls dry and refrigerated freight one advantage is freight bill factoring from Tetra Capital. Below hear from them about their experience […]
March 8, 2018
Not All Factoring Companies for the Trucking Industry are Created Equal
There are many factoring companies for the trucking industry all of which will provide you with flexible financing options. These factoring companies will all provide you with immediate funds based on your freight bills, eliminating your 30-60+ day wait to be paid. They do however have many differences that can drastically affect your bottom line […]
March 1, 2018
Freight Factoring Terms
Freight bill factoring and finance, in general, can often seem to have a language all its own. So we have compiled a list of common freight bill factoring terms to help you understand how it can help your business. Accounts Receivable: Your accounts receivables is the money that you are owed by your customers. This […]
February 19, 2018
Dry Goods Trucking Company Manages Their Cash Flow with Tetra Capital
Tetra Capital is in the business of helping trucking companies get immediate access to the working capital they need. Below hear from Pablo from a dry goods trucking company in Utah about how he feels about working with Tetra Capital utilizing their freight bill factoring services. About Pablo’s Trucking Company INDUSTRY Dry Goods BUSINESS STARTED […]
January 26, 2018
The Downside to Credit Cards for Trucking Company Financing
The decision to pull out your credit card to keep your trucking company moving to pay for all types of expenses probably happens more than you would like. According to the Pepperdine Private Capital Index Report for the 3rd quarter 2017, which included responses from small trucking companies, 53% of respondents said they applied for […]
December 19, 2017
5 Impacts on Your Business Credit that You May Not Realize
Your credit score is used primarily to tell companies how likely you are to pay your bills. For trucking owner-operators and small fleet owners, this number can be very important and have a direct impact on your bottom line. Improving your businesses credit score takes a lot of time and effort, consequently, it can be […]
May 30, 2018
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