[showtime73]

Merchant averages 50k a month in overall deposits, with solid average daily balances.

Has a balance with yellow for 15k

Has a balance with CFG for 16k

Has a balance with ML factors for 6k

Looking for a 25k injection wanting to use truck as collateral, truck and trailer is only worth 40-45k, he has proof of owning it 100%

Let me know if you think you can get this done, please reply.

[nrh1lp]

Merchant averages 50k a month in overall deposits, with solid average daily balances.

Has a balance with yellow for 15k

Has a balance with CFG for 16k

Has a balance with ML factors for 6k

Looking for a 25k injection wanting to use truck as collateral, truck and trailer is only worth 40-45k, he has proof of owning it 100%

Let me know if you think you can get this done, please reply.

Depending on make/model/mileage for the truck your only option is probably a sale-leaseback. Those are typically monthly payments and a term around 3 years

[abfunders]

TIB? Personal Credit? Business credit? Comparable debt? Other equipment that the guy purchased that he could use as well? It doesn't just have to be the one without loans on it.... he can buy out the loans and leaseback the truck and free up some working capital that way.

[mcaguru]

Trucking + capital need = Cresthill Capital.