best lenders for trucking
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  1. #1

    best lenders for trucking

    Lending guidelines change all the time... anyone really like a specific lender for truckers?

  2. #2
    Senior Member Reputation points: 49585 CraaaCraaa Radio's Avatar
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    Quote Originally Posted by RogueCaliISO View Post
    Lending guidelines change all the time... anyone really like a specific lender for truckers?
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  3. #3
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    ecapital used to be great but I think they cutoff brokers. they do factoring as well.

  4. #4
    Try Cooper for Trucking-

    Direct: 248-341-9477
    Email: bb@cooperasset.com
    Web: www.cooperasset.com
    logo-01smaller.jpg

  5. #5
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    Quote Originally Posted by RogueCaliISO View Post
    Lending guidelines change all the time... anyone really like a specific lender for truckers?
    As untrustworthy as they are Mantis might be the most aggressive on trucking!

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    Quote Originally Posted by RogueCaliISO View Post
    Lending guidelines change all the time... anyone really like a specific lender for truckers?
    Hi RogueCaliISO,

    We are an asset based lender and factor. Our deals sizes range from $250K to north or $30Mil. We are bank owned so we are unique in the market. Honestly, we don't market or chase after trucking that much. It would have to be a decent size deal to get us excited.

    Best,

    Kevin
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  7. #7
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    For trucking? Get up with a good factor and keep them as a client for forever.
    Lots of options on this board alone...
    If they're are currently happy with their factor, that's where you come in and beat their rates
    Allow me to make a few introductions, shoot me an email.

  8. #8
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    Quote Originally Posted by fundingsmbs View Post
    ecapital used to be great but I think they cutoff brokers. they do factoring as well.
    pretty sure there national now

    unique funding solutions has a bunch of trucking deals

    irving@ufsfunding.com
    Irving Winograd
    Unique Funding Solutions
    646-460-3139

  9. #9
    We are, without question, one of the strongest funders when it comes to trucking deals. I have a large number of 6 figure trucking deals on the books, hopefully renewing one this week for 475k, feel free to reach out to discuss!

    Daniel Lenefsky
    Senior Finance Executive/VP ISO relations
    P:646-774-3301
    F: 646-398-5656
    daniel@yellowstonecapllc.com

  10. #10
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    Mantis might be the most aggressive on trucking![/QUOTE]

    Thanks! yes i told you guys last week ..one of the largest Trucking finance companies in America (I actually think they are the largest!) nicknamed me "Marcus Trucking Clapman" i hate the name but we fund a ton for them! so i get them....
    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

  11. #11
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    ^ what are you average term and rates for trucking. are we talking about 1.49s/3 months with cojs?

  12. #12
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    Quote Originally Posted by RogueCaliISO View Post
    Lending guidelines change all the time... anyone really like a specific lender for truckers?
    Orange Advance makes some really competitive offers on trucking.
    Isaac N Mizrahi
    ISO Relations Manager | SPG Advance, LLC
    Office: 212-225-8279
    Mobile: 323-617-1397
    Email: Isaac@SPGAdvance.com
    www.SPGAdvance.com

  13. #13
    1.449-1.459 , depending on the position and size of the deal generally between 3 and 5 months

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