No Coj/Transportation company
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  1. 06-25-2019, 12:54 PM #1
    Jackie8424
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    No Coj/Transportation company

    Hello,

    I have a merchant who owns a transportation company whose doing around 60k monthly. He has another position and is looking for a second. His balances are not the best, and hes being approved for around 15k-20k. He just does not want to sign a COJ. Any suggestions? Please PM me Thanks
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  2. 06-25-2019, 12:57 PM #2
    mcaguru
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    Mantis all day!! Submit now (if you signed up) offer in hour and funds hour after contract back! !!
    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
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  3. 06-25-2019, 03:23 PM #3
    BROKER TIME
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    Quote Originally Posted by mcaguru View Post
    Mantis all day!! Submit now (if you signed up) offer in hour and funds hour after contract back! !!
    so your saying you will not take a coj on 15-20k deal?

    please confirm
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  4. 06-25-2019, 03:25 PM #4
    mcaguru
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    email me
    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
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  5. 06-25-2019, 03:42 PM #5
    mrmrg
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    Quote Originally Posted by mcaguru View Post
    email me
    smh
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  6. 06-25-2019, 04:56 PM #6
    BROKER TIME
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    Quote Originally Posted by mcaguru View Post
    email me
    post it on daily funder

    because if the answer is YES YOU DO REQUIRE A COJ

    which i know it is

    than you had no reason to reply to this posts which clearly said "He just does not want to sign a COJ. Any suggestions?"
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  7. 06-25-2019, 05:13 PM #7
    mcaguru
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    you sure ???")
    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
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  8. 06-25-2019, 05:19 PM #8
    BROKER TIME
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    Quote Originally Posted by mcaguru View Post
    you sure ???")
    ok so to avoid the ring around the rosie


    will mantis fund a 20k deal without a coj?

    the question requires a yes or no answer
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  9. 06-25-2019, 06:25 PM #9
    mcaguru
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    You are funny it shows you have not worked with us in a long time .
    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
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  10. 06-25-2019, 09:35 PM #10
    BROKER TIME
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    Quote Originally Posted by mcaguru View Post
    You are funny it shows you have not worked with us in a long time .
    again side stepping the question

    your company asks for more stips than an sba loan
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  11. 06-26-2019, 08:09 AM #11
    Cashman1
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    Quote Originally Posted by BROKER TIME View Post
    again side stepping the question

    your company asks for more stips than an sba loan
    That’s because mantis only does SBA loans.....avg deal is 1m over 5 years!
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  12. 06-26-2019, 10:05 AM #12
    blashley
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    Answer the question marcus. Trucking has to be you're middle name because it ain't transparency.
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  13. 06-26-2019, 10:41 AM #13
    J.Celifarco
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    Do you not know your own companies requirements?
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com
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  14. 06-26-2019, 11:02 AM #14
    RickyR3712
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    Quote Originally Posted by J.Celifarco View Post
    Do you not know your own companies requirements?
    He 100% does not, even though he is an owner in the company.Side note on smaller deals they do not need coj
    Last edited by RickyR3712; 06-26-2019 at 11:10 AM.
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  15. 06-26-2019, 11:49 AM #15
    BB_Cooper
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    Send your trucking and transportation files to Cooper. We've never used a COJ on this SIC code.

    Because underwriting matters!

    Robert S Bloink
    EVP of ISO Partnerships
    Direct: 248-341-9477
    Email: bb@cooperasset.com
    Web: www.cooperasset.com
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  16. 06-26-2019, 02:44 PM #16
    abfunders
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    It's actually not a joke.
    Within the last 10 minutes I got a call and app + bank statements back from a trucker doing max $7-$8k/month with a 580 FICO. He said he'd take anything. I just submitted it to Cooper, let's see how fast they can underwrite. Anywhere else I should send it if Cooper doesn't want it?
    Micah Markowitz | mmarkowitz@abfunders.com | 314-396-2828 | abfunders.com
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