[J456]

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.

[@jeannette]

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 770-362-2307

[ABL Rob]

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

[mbernier]

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.

[Irving]

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.

we fund trucking companies email me at irving@ufsfunding.com

[BB_Cooper]

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

[mcaguru]

Trucking is our sweet spot !

[abfunders]

Trucking is our sweet spot !

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.

[mcaguru]

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.

Your funny! We have dozens of clients in that state.

[allison]

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.

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!