Trucking Company 4 Months In Biz
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  1. #1

    Trucking Company 4 Months In Biz

    90k in deposits last month, good cash flow, taking on a lot of UPS Contracts and looking for 50k ASAP to keep up with it.

    Anybody direct, reply here or shoot me an inbox message.

    Thanks

  2. #2
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    Cresthill/Mantis

  3. #3
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    I'm not sure the rules of TIB, but definitely get in the front-door and get him a good factoring company that he'll then be loyal to, rather than try to switch him after he's already found someone.

  4. #4
    Senior Member Reputation points: 5016 @jeannette's Avatar
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    We are an excellent source for Transportation Factoring. If he has established clients we can work with the 4 month TIB. jnearing@transfaccapital.com 770-362-2307. With his deposit volume we would probably offer a line somewhere around 180, and allow for growth. Initial buyout would be determined by outstanding AR.
    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: 258
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    If the client is unabel to get funding anywhere else, we should be able to lend against their trucks or other assets. Please feel free to reach out to discuss this file or any others in the future.

    Michael Bernier
    ISO Relations | Grand Capital Funding
    P: 201.273.9162 | C: 860.916.2158
    E: MikeB@GrandCapitalFunding.com

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