Startup Trucker
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  1. #1
    Senior Member Reputation points: 752
    Join Date
    Apr 2014
    Location
    Chicago, IL
    Posts
    185

    Startup Trucker

    Hey Guys:

    Small Trucking outfit doing about $28K/month
    4 months in business
    Has two trucks
    Bad credit scores (don't they all)

    Vader declined this one already. Any one you guys can think of that can do this?

  2. #2
    Senior Member Reputation points: 226125
    Join Date
    Feb 2017
    Posts
    3,396

    Is this Marcus-bait or a real deal?

  3. #3
    Might be a deal for Loan Me depending on the state and just how bad the credit is.

  4. #4
    Happy to take a look if they want to go the factoring route. Length of time in business and low credit score are not issues, just depending what's contributing to the score.
    Alyssa Akins, COO | Evergreen Funding, Inc. | alyssa@evgfunding.com | 888-344-7522, ext. 101 | www.evgfunding.com

  5. #5
    Member Reputation points: 1949
    Join Date
    Nov 2018
    Location
    San Diego, CA
    Posts
    75

    Try Elevate or Pearl (Saturn) on this one.

  6. #6
    Senior Member Reputation points: 203690
    Join Date
    Jan 2014
    Posts
    1,370

    if credit is at least 550 and depending on state Loanme I would suggest as well. Since they go off month end balances merchant would actually get approved for way more then an mca would approve him for and it would be monthly payment. If can't go that route try YSC I think they just need 90 days in business

  7. #7
    Trucking is our specialty - would love to show you what we can do here -

    please send submission to bterner@cooperasset.com and let me see what we can do on this
    Ben Terner
    VP of ISO Relations
    Direct: 248-341-9789
    Email: bterner@cooperasset.com
    Web: www.cooperasset.com


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