Results 1 to 14 of 14
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08-02-2018, 11:16 AM #1
- Join Date
- Dec 2016
- Posts
- 56
trucking $1 million with 7 positions
trucking company with 7 positions with good credit
1 million per month
looking for $150k
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08-02-2018, 11:23 AM #2
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,501
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
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08-02-2018, 11:26 AM #3
- Join Date
- Aug 2015
- Location
- Boulder, CO
- Posts
- 755
Does he own the property where he runs his business?
If so, I might be able to help. I would be funding the real estate and not the business so the 7 positions would be irrelevant. Cost of funds is a LOT cheaper.
Worth asking!
Dan Page
Boulder Equity Partners
Direct: (303) 938-8280
dan@BoulderEquityPartners.com
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08-02-2018, 12:11 PM #4
- Join Date
- Oct 2016
- Posts
- 4,318
Marcus, not to preempt you, but I’m sure Mantis is already in there.
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08-02-2018, 12:16 PM #5
Try asset based lenders that use trucks as collateral. Or dan if they have the RE
Last edited by brokerCompany; 08-02-2018 at 12:36 PM.
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08-02-2018, 12:49 PM #6
- Join Date
- Dec 2013
- Posts
- 4,713
we are in thousand of trucking deal -- However if this slipped our grip ... please submit will price lightning speed !
FYI:
IF YOUR NOT YET SIGNED-UP WITH CRESTHILL/MANTIS ...NOW IS THE PERFECT TIME TO GET BOARDED.... !!Last edited by mcaguru; 08-02-2018 at 12:51 PM.
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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08-02-2018, 03:00 PM #7
- Join Date
- Sep 2016
- Posts
- 169
feel free to try us at unique funding solutions (quietly building one of the more honest and speedy names in the industry)
irving@ufsfunding.comIrving Winograd
Unique Funding Solutions
646-460-3139
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08-02-2018, 03:24 PM #8
- Join Date
- May 2018
- Posts
- 15
I can possibly help. But I need more to see his debt schedule. UFS is a very good and honest spot also
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08-02-2018, 03:40 PM #9
- Join Date
- Oct 2016
- Posts
- 4,318
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08-02-2018, 03:41 PM #10
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,501
Well...that escalated quickly.....
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
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08-02-2018, 05:26 PM #11
- Join Date
- Aug 2014
- Posts
- 620
If we're not in there already and they have strong enough daily
Balances to handle another advance, please feel free to reach out.
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08-02-2018, 06:09 PM #12
- 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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08-10-2018, 01:15 PM #13
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
If the client has a factor (or ABL LOC) I would want to know what the advance rate they are receiving. If it isn't in the high 90's there are ways to provide some liquidity there. If they are in the high 90's and they have 7 additional positions their balance sheet has to be WAY upside down- and there has to be a reason why there are burning through so much cash.
If it is for growth (not losses) there will be a way to help. If their sales are trending lower and they are taking out 150k positions for 70 days- the end is likely near
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08-10-2018, 04:17 PM #14
Wow. Trucking company stacked 7 deep. Looking for #8. He won't be in business in a year.
Jim Plummer
Quality Leasing Co., Inc.
A Tom Wood Automotive Company
Office: 317-253-4415
Direct: 317-845-8768
Fax: 317-688-6420
Cell: 317-512-9618
www.qualityleasingco.com
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