Trucking company in WY - 45k/month but TiB since 5-17
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  1. #1
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    Trucking company in WY - 45k/month but TiB since 5-17

    Hey all,

    Any lenders that would entertain a trucking company in WY, TiB is very short, since May 2017. 4 trucks, 45k/month. Decent personal credit, no business credit/ few open trade lines.

    Thanks in advance

  2. #2
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    A few funders will give you a 3 mo 1.45-1.5, but no lender will touch this. If the merchant owns the trucks you might be able to squeeze an equipment deal.

  3. #3
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    Quote Originally Posted by Arsenalist86 View Post
    Hey all,

    Any lenders that would entertain a trucking company in WY, TiB is very short, since May 2017. 4 trucks, 45k/month. Decent personal credit, no business credit/ few open trade lines.

    Thanks in advance
    Factor that! Too small for us, but there are several shops that would have an interest.
    Hedley Lamarr......That's Hedley

  4. #4
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    check PM, ill take a look
    Direct Funder | MCA | Public Companies | Convertible Notes | Hard Money
    D. 516-667-6817
    paul@coolidgecapital.com

  5. #5
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    Trucking/Transportation is our specialty !! we have no problem darting them a 150K wire if we feel we have a pathway to collection.(and they can handle the repayment).
    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

  6. #6
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    EMPIRE BUSINESS FUNDING CAN GET THIS DEAL DONE !!!

    I'VE SEEN IT DONE BEFORE.

    Call Brandon at 516-654-5544

    empirebusinessfunding.com

  7. #7
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    I'm guessing your truck driver is looking for money to buy another truck or trailer - I might be able to finance whatever equipment he needs. Do you know if he filed his taxes as a 1099 driver prior to last May and if so, for how long?

  8. #8
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    Quote Originally Posted by mcaguru View Post
    no problem darting them a 150K wire if we feel we have a pathway to collection.(and they can handle the repayment).
    Not the other way around eh? Sounds about right.

  9. #9
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    Quote Originally Posted by Bank View Post
    EMPIRE BUSINESS FUNDING CAN GET THIS DEAL DONE !!!

    I'VE SEEN IT DONE BEFORE.

    Call Brandon at 516-654-5544

    empirebusinessfunding.com
    Which funder will you send the file to?

  10. #10
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    What is the personal Credit and do they own the truck clear?

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