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  1. #1

    Trucking

    Hello All,

    Anybody else doing trucking (lower tier) other than pearl and mantis?

  2. #2
    Senior Member Reputation points: 16117 capaxess's Avatar
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    EIN does them as long as they have at least three trucks on the road.

  3. #3
    Quote Originally Posted by AllCap View Post
    Hello All,

    Anybody else doing trucking (lower tier) other than pearl and mantis?
    Good morning,

    We do trucking with a minimum of $40k/mo in revenue and strong daily balances. I'd love to help you out here, give me a call or send me a PM. Thanks!
    Michael Candia
    Director of Business Development
    RDM Capital Funding
    _________________________________
    Phone: 973-685-2992
    Fax: 877-837-6080
    Email: mcandia@rdmcapitalfunding.com
    www.rdmcapitalfunding.com

  4. #4
    Cooper funds high risk small trucking companies everyday-all day,

    from 1 to 30 trucks-

    Robert S Bloink
    EVP of ISO Partnerships
    Direct: 248-341-9477
    Email: bb@cooperasset.com
    Web: www.cooperasset.com
    logo-01smaller.jpg

  5. #5
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    Cresthill/mantis may have "THE LARGEST" subprime trucking (and construction) portfolios ...we fund lots of them daily and know the space well. submit today and get your offer in 1-2 hours and will fund same day as submission with contracts back-in!!
    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

  6. #6
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    Principis just shut down trucking due to issues with that SIC and others really do not like that or construction for A paper deals unless its a great deal. Those SICs have been cutback to shorter term products now in this space. If we were to get real data those SICs are prob some of the largest stacked SICs in the mca space.

  7. #7
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    Quote Originally Posted by fundingsmbs View Post
    Principis just shut down trucking due to issues with that SIC and others really do not like that or construction for A paper deals unless its a great deal. Those SICs have been cutback to shorter term products now in this space. If we were to get real data those SICs are prob some of the largest stacked SICs in the mca space.
    can you explain the latter part of your post ?
    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

  8. #8
    Veteran Reputation points: 157541 J.Celifarco's Avatar
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    Quote Originally Posted by fundingsmbs View Post
    Principis just shut down trucking due to issues with that SIC and others really do not like that or construction for A paper deals unless its a great deal. Those SICs have been cutback to shorter term products now in this space. If we were to get real data those SICs are prob some of the largest stacked SICs in the mca space.
    "A" paper quality deals in these industries I like to use Rapid.. I have done a bunch of both Trucking and Construction with them. They will be a good replacement for Principis. Principis is great, and when they approve a deal it is hard to beat their rates. The problem with them is they dont approve a lot of deals
    Last edited by J.Celifarco; 11-13-2018 at 03:14 PM.
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

  9. #9
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    Quote Originally Posted by mcaguru View Post
    can you explain the latter part of your post ?
    Seems pretty clear to me. He said a lot of funders pulled out or scaled back the term of their offers in trucking SIC codes due to poor performance and then speculated that stacking is prevalent in those industries. Do you disagree? What % of your funded trucking deals are first position?

  10. #10
    Senior Member Reputation points: 6957 ESE5020's Avatar
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    We do trucking but has to own a minimum of 3 trucks
    East Shore Equities, LLC
    Submissions@EastShoreEquities.com
    Tel: 516-231-5595 | Fax: 516-231-5590
    www.EastShoreEquities.com

  11. #11
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    Trucking is our middle name - feel free to sign up if you haven't already.
    Thank you,

    Lior Monus
    Business Development Manager
    CFG Merchant Solutions


    Direct: (646) 880-6764
    Cell: (516) 319-5826
    Fax: (646) 278-7322
    Lmonus@cfgms.com
    180 Maiden Lane New York, NY 10038

    www.cfgmerchantsolutions.com

  12. #12
    Superior Capital has extensive experience in funding both Local and over the road trucking companies. If you need an application reviewed, please feel free to send it my way. thanks
    J.Gordon
    Vice President
    jgordon@superiorcapitalfund.com
    770-617-2377

  13. #13
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    Quote Originally Posted by Lmonus View Post
    Trucking is our middle name - feel free to sign up if you haven't already.
    that's my line !
    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

  14. #14
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    Just checked ....1st position trucking is what we prefer!
    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

  15. #15
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    Quote Originally Posted by mcaguru View Post
    Just checked ....1st position trucking is what we prefer!
    Thanks captain obvious. Everybody prefers 1st position.

  16. #16
    Veteran Reputation points: 134971 Chambo's Avatar
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    Quote Originally Posted by AllCap View Post
    Hello All,

    Anybody else doing trucking (lower tier) other than pearl and mantis?
    EXPANSION has always been a good source for trucking deals

  17. #17
    Alfa Advance works with trucking as long as they do 20,000+ monthly. We are high risk working b-d paper and paying up to 12 points on MCAs. We also offer Reverses that are a great way to monetize on merchants that already have excessive amount of balances and is over leveraged. Give me a call to the number below and we can talk in detail.
    Samuel Aza
    ISO Relations Manager
    Direct Phone: (305) 420-8473
    sam@AlfaAdvance.com

  18. #18
    Senior Member Reputation points: 38639 patrickw's Avatar
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    Last Chance Funding
    Patrick Wilson
    Managing Partner
    www.PremierCapitalNetwork.com

    (NO MORE LENDER/FUNDER CALL PLZ)

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