Logistics company grossing 3.5 million
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  1. #1

    Lightbulb Logistics company grossing 3.5 million

    Hello,

    I have a merchant looking for 200k grossing 3.5 million a year. Has no balances. Credit is score is 700. Any suggestions on who can give the best offer on an MCA for a logistics company?

    Thank you!

  2. #2
    Senior Member Reputation points: 218103
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    Factoring
    Make sure that he isn't already factoring, or if he is, try to steal it with a better offer from a factor that specializes in trucking and can offer something on top. Reach out to Jeanette Nearing, I'm sure she'll be on this thread in a heartbeat. (Waiting for Kevin in negative 1, negative 2, negative 3.....)

  3. #3
    Senior Member Reputation points: 6544
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    This looks like a potential deal for us. Reach out if you'd like to discuss it further.

    Thanks!!

    Jeff Pecori
    ISO Relations manager
    VitalCap Fund
    48 Wall St. New York, NY 10005
    P. 850.630.7509
    F. 646.219.7949
    jeff@vitalcapfund.com

  4. #4
    Senior Member Reputation points: 337126
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    Quote Originally Posted by abfunders View Post
    Factoring
    Make sure that he isn't already factoring, or if he is, try to steal it with a better offer from a factor that specializes in trucking and can offer something on top. Reach out to Jeanette Nearing, I'm sure she'll be on this thread in a heartbeat. (Waiting for Kevin in negative 1, negative 2, negative 3.....)
    Not going to even bother with a $3.5Mil logistics company. Add some zeros and commas and then I will look.

    TAB Bank or RTS would be good firms to call for a small trucking/logistics company.....or Jeanette at Commercial Funding.
    Hedley Lamarr......That's Hedley

  5. #5
    Senior Member Reputation points: 5016 @jeannette's Avatar
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    Thank you for the recommendation. Commercial Funding has a focus in transportation, I would be happy to discuss it with you. Our minimum annual revenue is 350,000 so the size works.
    Jeannette Nearing M (770) 362-2307
    Jeannette Nearing | Business Development Officer| AmeriFactors
    | M (770) 362-2307
    jnearing@amerifactors.com |

    http://www.amerifactors.com
    https://www.linkedin.com/in/jeannettenearing

  6. #6
    Senior Member Reputation points: 54977
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    Quote Originally Posted by Igm View Post
    Hello,

    I have a merchant looking for 200k grossing 3.5 million a year. Has no balances. Credit is score is 700. Any suggestions on who can give the best offer on an MCA for a logistics company?

    Thank you!
    Putting up a deal like that is like going to the scene of a shipwreck and asking those in the water who wants a nice shiny tube with handles and a few dry towels lowered in their direction ?
    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

  7. #7
    Gotta be careful with exports and imports...
    US tariffs

    https://www.trucks.com/2018/06/20/tr...-port-trucking


    Jayson@mradvancellc.com

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