Ef deal
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  1. #1

    Ef deal

    Trucking company:

    1 year in business

    $40k - $70k per month

    2 - 3 deposits per month

    0 NSFs / 0 NBDs

    Merchant has invoice for hydraulic drilling rig = € 408.341,34. The distributor is located in Italy and the bank is European.

  2. #2
    Senior Member Reputation points: 17365 jfeinberg's Avatar
    Join Date
    Dec 2013
    Location
    Rochester,NH
    Posts
    166

    You need to find a distributor in the US. No EF source will fund a foreign vendor. However any other equipment deal you have that is under $150k per piece of equipment, think of Everlasting Capital. Feel free to send email to ISO@everlastingcapital.com

  3. #3
    Senior Member Reputation points: 54989
    Join Date
    Dec 2013
    Posts
    4,713

    Everlasting is a great outfit....if you still need help TRUCKING is Mantis's Middle name are i am not sure of any other funding houses that fund more Super-Subprime trucking firms than Mantis Funding (can say just about the same for construction firms).
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    ——————————————————————————
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  4. #4
    Member Reputation points: 28
    Join Date
    Nov 2015
    Location
    Long Beach, CA
    Posts
    54

    You(your client) should be able to find a vendor or distributor in the US who sells this equipment. TIB will be difficult to overcome unless he has good credit and depth to it as well.

    Al Williams III Commercial Development Specialist
    Phone | Fax | Text: 949-200-7324
    al@directfundingnow.com | http://www.directfundingnow.com

  5. #5
    Trucking is Cooper Asset's niche and specialty - send over the deal and we will gladly price

    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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