Looking for Factoring company that works with semi truck sales. Any one know a good company?
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Looking for Factoring company that works with semi truck sales. Any one know a good company?
You cannot factor truck sales. There is no true invoice to finance. You need to discover somebody willing to provide floor plan financing on the vehicles/inventory.
The dealership is self financing
As a lease arrangement
Again-there is NO receivable to finance. You need to seek floor plan financing for the inventory OR a warehouse line for the internal finance company.
You need a different kind of loan. Email me a loan app, 4 months of business bank statements, most recent business tax return and 2002, 2021 YTD P & L and balance sheet. https://app.hellosign.com/s/JljnpJWp