Results 1 to 5 of 5
-
03-22-2019, 04:42 PM #1
Sub-600 FICO Transportation Company: $14K/mo Avg. Needs Equip. Fin. $25K. 10% Down.
Read the title again, and let me know if you can do this deal.
Guy has 3 trucks in the fleet as of now. Looking to get 2 more.
Has about $3-4K that he can put down. 1st truck invoice: $23,000; 2nd invoice: $25,000.
-
03-22-2019, 05:49 PM #2
Reputation points: 1949
- Join Date
- Nov 2018
- Location
- San Diego, CA
- Posts
- 75
I've funded deals with Pawnee for this type of situation but it's not cheap. Would probably be about $2328 per month on a 48 month FMV buyout. Good luck.
-
03-22-2019, 06:37 PM #3
-
03-22-2019, 06:45 PM #4
Reputation points: 18402
- Join Date
- Apr 2014
- Posts
- 781
How soon does he want to lease this, message me for details.
-
03-25-2019, 03:03 PM #5
Reputation points: 28
- Join Date
- Nov 2015
- Location
- Long Beach, CA
- Posts
- 54
Pawnee likes to see 80-100% comp credit for 24 months on avg the with the transportation industry also TIB minimum is 2+ years. They only require two payments upfront and a doc fee versus a down payment.
Similar Threads
-
TRANSPORTATION COMPANY / 90k+ per month / MCA
By CFSCCorp in forum Deal BinReplies: 6Last Post: 05-19-2017, 06:31 PM -
Transportation Company looking for $15-20K
By StephanieSpray in forum Deal BinReplies: 3Last Post: 12-08-2016, 07:37 PM -
Need an Equipment Lease Company for Telecom Equip
By LewisCarness in forum All Other LendingReplies: 2Last Post: 07-01-2016, 02:03 PM -
Transportation company with an average of 6 NSF's
By prosperity in forum Merchant Cash AdvanceReplies: 5Last Post: 03-30-2016, 02:34 PM -
Fuel Transportation Company
By sigmundpannu in forum Deal BinReplies: 10Last Post: 05-12-2015, 01:32 PM