Transportation Deal. Any Direct Lenders? No brokers please
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  1. #1

    Transportation Deal. Any Direct Lenders? No brokers please

    Hello DF,

    I have a client seeking 200k. Trucking Industry. 575 FICO. Has a current balance of 50k, weekly payments.

    He's pretty rate sensitive and is looking for an 18mos deal and weekly payments.

    Doing around 2.4-2.5MM annually / 185-205k monthly deposits.


    Anyone you think will be a good fit?

  2. #2
    Senior Member Reputation points: 338677
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    factor that!
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  3. #3
    Quote Originally Posted by kevinhenry0527 View Post
    factor that!
    Just emailed you Kevin.

  4. #4
    Senior Member Reputation points: 5016 @jeannette's Avatar
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    That sounds like a perfect factoring deal. We have a great trucking and transportation program that offers more than just funding. $.48 cents a gallon fuel discounts, access to load boards..... www.fundmyfreight.com We would need to get a first position UCC. Our clients have a life cycle of an average 4 1/2 years, so you earn a long term residual income. Call me 770-362-2307 or email jnearing@transfaccapital.com
    Jeannette Nearing | Business Development Officer| AmeriFactors
    | M (770) 362-2307
    jnearing@amerifactors.com |

    http://www.amerifactors.com
    https://www.linkedin.com/in/jeannettenearing

  5. #5
    Senior Member Reputation points: 338677
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    Quote Originally Posted by GHen View Post
    Just emailed you Kevin.
    Thanks George!
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  6. #6
    Senior Member Reputation points: 54989
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    Transportation is OUR specialty... Fastest Offers / Fewer Stips / Double Digit Commissions !! (We keep the LATEST HOURS IN MCA!!)... Mantis is the DIRECT FUNDER for Transportation.
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    覧覧覧覧覧覧覧覧覧覧覧覧覧
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  7. #7
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    We can definitely do something if the client has collateral (preferably real estate). Otherwise, there are a few lenders that I can direct you to. Shoot me an email (mike@wbl.com) to discuss further.

  8. #8
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    try us out at unique funding solutions 646-460-3139
    Irving Winograd
    Unique Funding Solutions
    646-460-3139

  9. #9
    Senior Member Reputation points: 54989
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    Mike is the best! Runs a large shop out it Connecticut !mike@wbl.com..
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    覧覧覧覧覧覧覧覧覧覧覧覧覧
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  10. #10
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    This Deal sound strikingly similar to one im working. Ready, Set......GOOOOOOOOO

    P.S.
    Im not above showing Merchant this post ..... "Wait around for this guy shopping on message boards or SIGN THIS"

  11. #11
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    NC?

  12. #12
    NC as in North Carolina? No they're in the west coast

  13. #13
    eCapital

  14. #14
    Quote Originally Posted by CFG View Post
    eCapital
    They don't do weekly payments if I'm not mistaken. Expansion does however but they are capped at 9mos.

    Thanks though CFG

  15. #15
    We can do ~150K over 12 months weekly. I doubt they'll get $200K at 18 months with credit like that though.

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