Results 1 to 8 of 8
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07-12-2019, 05:27 PM #1
- Join Date
- Dec 2016
- Posts
- 56
calif trucking looking for 12 months
have a 2 year old trucking (9 trucks) in CALIF
avg deep $125k
avg daily $23k
credit 650
has 2 positions total $55k
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07-13-2019, 12:35 AM #2
- Join Date
- Mar 2016
- Posts
- 908
I dont see any 3rd position funder going out that long, especially on a trucker who has stacked the first position. How long did the first two go out?
Thank you,
Lior Monus
Business Development Manager
CFG Merchant Solutions
Direct: (646) 880-6764
Cell: (516) 319-5826
Fax: (646) 278-7322
Lmonus@cfgms.com
180 Maiden Lane New York, NY 10038
www.cfgmerchantsolutions.com
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07-14-2019, 11:31 AM #3
The best I've seen is 9 months. The big difference is it'll be far cheaper than an MCA let me know if I can assist.
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07-15-2019, 12:13 AM #4
- Join Date
- Aug 2018
- Posts
- 882
I can get you 12-14m here, paying both advances off, based on tib, number of trucks owned, kind of transportation, and if it's home based or not.
I'm a broker
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07-15-2019, 11:55 AM #5
- Join Date
- Jun 2018
- Posts
- 55
WBL can definitely do 12 months here, probably more like 15 or 18 honestly. Give me a call
David Fite
Director of ISO Relations
Windgate Capital
40 Wall Street, 29th Floor, New York, NY 10005
Direct: (516) 400-2087 ǀ Fax: (347) 708-8699 | Cell: (929)-361-4156
David@WindgateCapital.com ǀ https://www.WindgateCapital.com/
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07-15-2019, 11:59 AM #6
- Join Date
- Jun 2017
- Posts
- 2,049
I would Go LoanMe.
Missing Factor is the Credit Score, But if it is halfway decent, what will Loanme do in Cali? 250k? If credit is decent.
if they have 23k As an avg daily balance - no doubt they will max out at LoanMe.
And as long as no funding in last 30 days - they could easily pay off get everything to a monthly payment.
Only hurdle is a CA lendr license, if u need help i can point u in right direction if you dont have one
I missed the 650 credit - so rates wont be that great
And not sure the max they would get with 650k, maybe 150k? But the monthly payment may sell itLast edited by ryan $; 07-15-2019 at 12:02 PM.
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07-15-2019, 12:14 PM #7
- Join Date
- Feb 2017
- Posts
- 3,463
Loanme doesn't need a lender license for CA anymore. They have a shop they use to submit deals and they pay you instead of every Monday, the beginning of the following month.
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07-15-2019, 01:09 PM #8
- Join Date
- Dec 2013
- Posts
- 4,713
Cant do the 12 but if all else fails trucking is something we specialize in out approving many other funders. (that what ISO's tell 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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