Who are doing Trucking Companies with monthly deposit below the 10k?
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  1. #1
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    Who are doing Trucking Companies with monthly deposit below the 10k?

    Have many of them. Needs Direct Lenders only. PM only. Thanks

  2. #2
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    Quote Originally Posted by Creative Lender View Post
    Have many of them. Needs Direct Lenders only. PM only. Thanks
    Find a small factor and finance these small trucking companies. Stacking them with advances is going to kill them.
    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

  3. #3
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    Mantis has entire program funding files 2-10K. We LOVE Trucking/Transportation!!!
    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

  4. #4
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    Small companies with less than 20% margins can't afford capital in excess of their gross. They will never grow.
    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

  5. #5
    Senior Member Reputation points: 38639 patrickw's Avatar
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    Quote Originally Posted by kevinhenry0527 View Post
    Find a small factor and finance these small trucking companies. Stacking them with advances is going to kill them.
    Can you name some?
    Patrick Wilson
    Managing Partner
    www.PremierCapitalNetwork.com

    (NO MORE LENDER/FUNDER CALL PLZ)

  6. #6
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    Quote Originally Posted by patrickw View Post
    Can you name some?
    Sent you a PM
    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
    Quote Originally Posted by patrickw View Post
    Can you name some?
    We factor clients who fund as low as $5k per month, granted that their volume of invoices/debtors is also low. Feel free to reach out if they're interested in going that route. Also, we are a direct funding source and everything is done here in-house.
    Alyssa Akins, COO | Evergreen Funding, Inc. | alyssa@evgfunding.com | 888-344-7522, ext. 101 | www.evgfunding.com

  8. #8
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    Quote Originally Posted by evgfunding View Post
    We factor clients who fund as low as $5k per month, granted that their volume of invoices/debtors is also low. Feel free to reach out if they're interested in going that route. Also, we are a direct funding source and everything is done here in-house.
    Patrick-Yes, they are a member if IFA.
    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

  9. #9
    Senior Member Reputation points: 38639 patrickw's Avatar
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    Quote Originally Posted by evgfunding View Post
    We factor clients who fund as low as $5k per month, granted that their volume of invoices/debtors is also low. Feel free to reach out if they're interested in going that route. Also, we are a direct funding source and everything is done here in-house.
    This is only for trucking deals right?
    Patrick Wilson
    Managing Partner
    www.PremierCapitalNetwork.com

    (NO MORE LENDER/FUNDER CALL PLZ)

  10. #10
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    CFG does alot of sub 10k trucking deals, but they need to have a factor in place in order for the offers to look more attractive.
    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

  11. #11
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    Quote Originally Posted by Creative Lender View Post
    Have many of them. Needs Direct Lenders only. PM only. Thanks
    vader

    if they own there truck ironwood would collateralize and lend up to 75-100% of monthly deposits.
    Steven Jones
    www.davincinc.com
    Steven@davincinc.com
    PH: 210-290-4102
    "We can beat your offer!"

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