Results 1 to 9 of 9
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06-26-2017, 12:12 PM #1
- Join Date
- Apr 2014
- Location
- Chicago, IL
- Posts
- 185
Reverse Equipment Lessors that FUND
Hey guys:
Aside of WKFinancial, do you know of reverse equipment lessors in the tractor/trailer space that actually fund?
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06-26-2017, 01:27 PM #2
Do you mean sale leaseback?
Nick Hubbard
Senior Loan Advisor
314-252-0299 - Office
314-885-2262 - Direct
nick@elitefactoring.com
www.elitefactoring.com
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06-26-2017, 02:27 PM #3
- Join Date
- Apr 2014
- Location
- Chicago, IL
- Posts
- 185
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06-26-2017, 02:39 PM #4
- Join Date
- Jun 2017
- Posts
- 119
I can get this done through one of my partners. We just did one of these last month for $80K. If there is value there, we can get this done by the end of the week. Feel free to shoot me an email (mike@wbl.com) if you want me to give this a try.
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06-26-2017, 07:44 PM #5
- Join Date
- Sep 2014
- Posts
- 263
It depends on the value of the equipment - the under 250 k market is limited - typically the sweet market is 500k to 10 million in loans - the money is loaned at 75 percent of the liquidating appraised value and customers credit is not an issue - typical close 7 to 10 business days depending on when the equipment can be inspected.
Mike
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06-27-2017, 12:23 PM #6
- Join Date
- Apr 2014
- Location
- Chicago, IL
- Posts
- 185
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06-27-2017, 01:41 PM #7
We have a partner that would be able to do this deal depending on FICO score. It wont be inhouse but we could help.
Send an email to Info@b2csp.com if you are not able to place it.
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06-27-2017, 02:46 PM #8
- Join Date
- Jan 2015
- Posts
- 70
ou
Last edited by therealrichzone; 09-28-2018 at 09:31 PM.
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06-27-2017, 08:29 PM #9
- Join Date
- Apr 2014
- Location
- Chicago, IL
- Posts
- 185
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