Who would fund this
Need a Funder or Vendor? START HERE

Results 1 to 9 of 9

Hybrid View

  1. #1
    Senior Member Reputation points: 9546
    Join Date
    Jun 2016
    Posts
    416

    Quote Originally Posted by Kevvuitton View Post
    300-350k past 4 months looking for 350k
    trucking
    16 trucks
    no positions
    strong ending balances
    Sounds more like a "logistics" company. Does merchant have strong financials? Bc for $350k advance funder would have to go out 8+ months.

  2. #2
    His fico is sub 600 and he's home based :/

  3. #3
    Senior Member Reputation points: 68233
    Join Date
    Dec 2014
    Location
    Quogue, NY
    Posts
    1,108

    Quote Originally Posted by Kevvuitton View Post
    His fico is sub 600 and he's home based :/


    Ted Fundy's suggestion is spot on: there are firms that will go up to 97% of the AR in that industry- alleging that the AR isn't already encumbered.

    There are obviously several folks here that can help. Construction and Trucking are tough for main stream 'funders' but there are numerous ways to get this one done

Similar Threads

  1. Replies: 4
    Last Post: 06-30-2015, 01:10 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

Blue Owl Capital acquires Atalaya
Kansas added to disclosure service tool
FIS launches SMB digital lending


DIRECTORY