4th position
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  1. #1

    4th position

    Trucking Industry doing about 150k a month 600痴 credit

    Georgia

    Usually has 2-7k daily balance


    He has 3 positions totaling 70k and is a good payer without any missed payments.

    Lendini 40k
    Smart business 20k
    Yellowstone 10k

    He has 2 trailers and just needs to buy trucks to get them on the road. This will increase his revenue.

    Which lender can make this happen?

    This guy will communicate well and is solid to work with.

  2. #2
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    Quote Originally Posted by WallStreetFunder1 View Post
    Trucking Industry doing about 150k a month 600’s credit

    Georgia

    Usually has 2-7k daily balance


    He has 3 positions totaling 70k and is a good payer without any missed payments.

    Lendini 40k
    Smart business 20k
    Yellowstone 10k

    He has 2 trailers and just needs to buy trucks to get them on the road. This will increase his revenue.

    Which lender can make this happen?

    This guy will communicate well and is solid to work with.
    Any high risk lender. The question is how much you need realistically!

  3. #3
    At least 30k but as much as possible.

  4. #4
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    Never going to happen.

  5. #5
    Senior Member Reputation points: 54989
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    Cant tell you an amount but it seems like mantis is perhaps a real option.
    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
    What are the daily pulls? Would also need to confirm the revenue, when you say $150k, is that including any funding the merchant already has?

  7. #7
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    If he has other positions and they are not doing add ons, its not going to happen, connect the dots.

  8. #8
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    On his way to default city

  9. #9
    Veteran Reputation points: 135672 Chambo's Avatar
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    Quote Originally Posted by WallStreetFunder1 View Post
    Trucking Industry doing about 150k a month 600’s credit

    Georgia

    Usually has 2-7k daily balance


    He has 3 positions totaling 70k and is a good payer without any missed payments.

    Lendini 40k
    Smart business 20k
    Yellowstone 10k

    He has 2 trailers and just needs to buy trucks to get them on the road. This will increase his revenue.

    Which lender can make this happen?

    This guy will communicate well and is solid to work with.
    Looks like Lendini was first, followed by Smart Biz, then Yellowstone. a 4th AT BEST, would come in at 10K, but probably less, due tot he funding history of the merchant. Nobody likes to come in as extra position for more than the previous position

  10. #10
    Senior Member Reputation points: 6957 ESE5020's Avatar
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    We can look at this file, let me know
    East Shore Equities, LLC
    Tel: (516) 784-4298 | Fax: (516) 231-5590
    www.EastShoreEquities.com

  11. #11
    Sponsor Reputation points: 9187 DannyFoxCap's Avatar
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    Nobody likes to follow Yellowstone.
    Direct: 347-468-7528
    Cell: 305-753-3967
    Fax: 866-557-0455
    Email: Danny@foxbusinessfunding.com

  12. #12
    Senior Member Reputation points: 54989
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    Mantis Funds Merchants and Merchants ONLY. Never who the funder may or may not be.
    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

  13. #13
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    Quote Originally Posted by mcaguru View Post
    Mantis Funds Merchants and Merchants ONLY. Never who the funder may or may not be.
    9q9x0I6.jpg

  14. #14
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    I can probably get this done for you, pm me his daily payments for all 3 positions and I'll let you know If I can get it done for you.

  15. #15
    Trucking is our niche and we love funding them - we dont care about the position as long as the sales justify the amounts -

    Would love to show you what we can do

    bterner@cooperasset.com
    Ben Terner
    VP of ISO Relations
    Direct: 248-341-9789
    Email: bterner@cooperasset.com
    Web: www.cooperasset.com


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