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 […]
October 30, 2018
6 Tips to Haul More Loads
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 […]
September 26, 2018
Know Exactly When You Will Be Paid
If I was to tell you, you could know exactly when you would be paid for the loads you haul what would you say? Maybe, that can’t be possible! Or, what planet are you on? Or, wouldn’t that be nice. The good news is it is possible to know exactly when you will be paid […]
September 11, 2018
Receivables Financing – Get paid immediately for your freight bills
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 […]
August 23, 2018
Financing for a Start-Up Trucking Company
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 […]
July 31, 2018
Trucking Owner-Operator Start-Up Loan and Financing Options
Money, it’s what keeps you moving, and without access to enough of it, it is also what can slow you down. Trucking owner-operators and small trucking company owners have a few options to get access to the trucking business financing they need, and each comes with its own benefits and drawbacks. Some of the fundamental […]
May 30, 2018
Trucking Business Financing That Can Keep You In Business
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 […]
November 26, 2018
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