Trucking

**tcraig** · 07-03-2019, 03:42 PM

Whos the best company for trucking co. doing 250k a month?

**blashley** · 07-03-2019, 03:46 PM

Marcus will answer this shortly

**Kevin Henry-Seacoast** · 07-03-2019, 03:53 PM

Originally Posted by tcraig

Whos the best company for trucking co. doing 250k a month?

TCraig,

There are several capital providers out there that finance trucking/distribution in a host of different forms of capital.

It would be helpful to know the following:

-Who are they hauling for or are they a broker?
-How many trucks/drivers
-Are they using a factor, bank line, or advance company currently to finance working capital needs?
-What was revenue last year? What is expected this year?

For trucking this is a bit small for us as we really only go after large companies in the industry. We offer factoring facilities for companies this size. If they are using a small bank line or advances that are not providing enough liquidity, factoring might be the way to go. If they are already factoring at a high advance rate, one would question a working capital need.

KH

**ryan $** · 07-03-2019, 03:54 PM

Rapid, Lendr.

Your Welcome.

**VitalCapJeff** · 07-03-2019, 04:04 PM

We fund a number of trucking deals every week. We require a $75k gross monthly min. for this industry. Reach out if you'd like a set of guidelines and ISO agreement.

Happy 4th!

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

**Richard Gomez** · 07-05-2019, 08:29 AM

On Deck has helped me with a few Trucking files in the past, plus you have a good chance to get a line of credit as well, pending credit, etc etc.

**Esteban2000** · 07-05-2019, 03:57 PM

Expansion Capital does pretty well with Trucking, if you haven't tried them you might consider it. When I was Underwriting for Knight we were pretty creative on Trucking, but I don't know how they are now. I'm sure Marty would like to at least get a look.

**Zonefund** · 07-07-2019, 02:50 AM

Originally Posted by ryan $

Rapid, Lendr.

Your Welcome.

Are you kidding me?

Rapid blows for contractors and trucking.. do you mean rapid capital funding??? I dont had them but once more rapidadvance caps 50k 9 months for trucking and contractors, an amateur would know this but you're a professional. You blew my mind Ryan...

**mcaguru** · 07-08-2019, 10:43 AM

MArcus is here ...YES Trucking is our middle name! but it gets better we now offer final funding to merchant hours after the submission --- SUB2FUND"IN"HOURS!

**BROKER TIME** · 07-08-2019, 12:34 PM

Originally Posted by mcaguru

MArcus is here ...YES Trucking is our middle name! but it gets better we now offer final funding to merchant hours after the submission --- SUB2FUND"IN"HOURS!

with or without coj?

**stackcity_4208** · 07-12-2019, 11:03 AM

Originally Posted by tcraig

Whos the best company for trucking co. doing 250k a month?

Quickbridge loves trucking!!!

**mcaguru** · 07-12-2019, 11:14 AM

yep woll fund 200K to a trucker before he reaches his destination ( and i'm talking short haulers

)

**Kevin Henry-Seacoast** · 07-12-2019, 11:24 AM

Marcus-Calm down.....you already responded this 5 day old post.

**mrmrg** · 07-12-2019, 12:03 PM

Originally Posted by stackcity_4208

Quickbridge loves trucking!!!

I thought quickbridge stopped taking on new iso's?

**mcaguru** · 07-12-2019, 12:12 PM

Originally Posted by kevin henry-seacoast

marcus-calm down.....you already responded this 5 day old post.

calm down ?? On funding friday !! ....

**VeganFunder** · 07-12-2019, 12:18 PM

Crap-- funding Friday is today?

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