Results 1 to 10 of 10
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10-02-2017, 09:11 AM #1
- Join Date
- Aug 2017
- Posts
- 14
Trucking Company
Trucking company that was stacked 5 positions, all paid off as of 10/5. Is looking for just one position of 75k all others totaled 60k. Credit is 620 and revs are 80k monthly. Who can fund 1 position. Merchant worked hard to pay off stack and learned thier lesson.
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10-02-2017, 09:23 AM #2
Have you considered an Accounts Receivable Financing to help them with Cash Flow. Now that they are clear for a first position UCC it is a perfect time to set up the relationship. We have many benefits for our trucking and transportation clients. www.fundmyfreight.com
Call me if you are interested in discussing 770-362-2307Jeannette Nearing | Business Development Officer| AmeriFactors
| M (770) 362-2307
jnearing@amerifactors.com |
http://www.amerifactors.com
https://www.linkedin.com/in/jeannettenearing
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10-02-2017, 09:31 AM #3
- Join Date
- Jul 2017
- Location
- FL
- Posts
- 35
Yes, a trucking / transport Factoring Co (such as Transfac above), would be a much better, cost-effective longer term solution for this type of Client VS a mca.
Plus factoring Companies such as Transfac (and Amerifactors) pay Brokers monthly recurring residual commissions.
Good luck!
Rob Brownell
Amerifactors Financial Group
p: 772-419-8606
e: rbrownell@amerifactors.com
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10-02-2017, 10:23 AM #4
- Join Date
- Jun 2017
- Posts
- 119
Trucking Companies are tough as it is. I have seen lenders that loved these companies go to not funding them at all recently. If the client has real estate to use as collateral, we can definitely help. Whether the client had 1 advance, no advances, or 5 advances, we would be willing to make an offer with the right collateral. If you would like to discuss further, please PM me.
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10-02-2017, 12:09 PM #5
- Join Date
- Sep 2016
- Posts
- 169
we fund trucking companies email me at irving@ufsfunding.com
Irving Winograd
Unique Funding Solutions
646-460-3139
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10-02-2017, 02:43 PM #6
- Join Date
- Jun 2014
- Posts
- 541
The 5 pulls totaled how much daily? 93% of gross receipts may be a stretch, but doable. Is this over the road or local delivery?
Robert S Bloink
EVP of ISO Partnerships
Direct: 248-341-9477
Email: bb@cooperasset.com
Web: www.cooperasset.com
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10-02-2017, 06:14 PM #7
- Join Date
- Dec 2013
- Posts
- 4,713
Trucking is our sweet spot !
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
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10-02-2017, 06:40 PM #8
- Join Date
- Feb 2017
- Posts
- 3,463
Marcus, thanks for trolling. You guys don't consolidate. Please stop wasting your time and ours, bro!
However, I will admit, last week I saw Mantis on statements of a trucking company with TIB of around 4 months. Marcus, if you're curious which one, it's the one in Oklahoma.
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10-03-2017, 01:09 PM #9
- Join Date
- Dec 2013
- Posts
- 4,713
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
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10-03-2017, 04:43 PM #10
Power Funding would love to take a look at this. Shoot me an email allisono@powerfunding.com - our rates go as low as 1.07, terms as long as 15 months and we pay up to 17 pts!
Thank you,
Allison OBrien
Director of ISO Relations
Office: 215 - 613 - 2966
Toll Free: 855 - 809 - 5371
Mobile: 215 - 678 - 6650
Fax: 347 - 745 - 3393
Email: allisono@powerfunding.com
Find us online at http://powerfunding.com/
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