B paper trucking
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  1. #1
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    B paper trucking

    Who is aggressive on second position trucking deals?

  2. #2
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    Mantis. Offer-to-Final-Funding-IN-HOURS. (B-Zzz Paper).
    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

  3. #3
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    As long as it is not a home based trucker with on truck, we are your funder!
    Paul Boxer
    Merchant Marketplace

    Chief Operating Officer
    Chief Revenue Officer

    Cell: (516) 805-9209
    paul@merchantmarketplace.com
    www.merchantmarketplace.com

  4. #4
    Senior Member Reputation points: 48369 stackcity_4208's Avatar
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    Hfh capital

  5. #5
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    If the trucker has Factoring in place we can get pretty aggressive.
    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

  6. #6
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    Lior,what is the longest you go out?

  7. #7
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    Quote Originally Posted by blashley View Post
    Lior,what is the longest you go out?
    On a trucker probably 6 months, but if ondecks a 1st doing a 12 month deal i might be able to go out a bit longer... Maybe 7.
    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

  8. #8
    Hi Blashley,

    RDM Capital goes out up to 9 months on Trucking deals. Feel free to reach out

    Brian A. Rephun
    Business Development Manager
    RDM Capital Funding
    Phone: 973-415-8331 Fax: 877-837-6080
    Brephun@RDMCapitalFunding.com
    www.RDMCapitalFunding.com

  9. #9
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    Quote Originally Posted by Finance Guru View Post
    As long as it is not a home based trucker with on truck, we are your funder!
    Can you tell us why you went from Quiksilver, to infinity, to velocity?

  10. #10
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    Our terms on trucking go out to 9.5 months for 2nd positions. Reach out if you'd like to discuss the deal further. We also offer an aggressive early prepay and a weekly's.

    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

  11. #11
    Sponsor Reputation points: 9187 DannyFoxCap's Avatar
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    Fox
    Direct: 347-468-7528
    Cell: 305-753-3967
    Fax: 866-557-0455
    Email: Danny@foxbusinessfunding.com

  12. #12
    Quote Originally Posted by Lmonus View Post
    If the trucker has Factoring in place we can get pretty aggressive.
    Usually most trucking deals are paid net-7 or less, typically next-day, so factoring in place to ensure a consistent & quick cash flow (which I figure is what you were aiming at) doesn't really make a difference. Factoring in place on a trucking deal increases risk substantially as you will not have first right to receive.

  13. #13
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    Quote Originally Posted by EatSleepFundRepeat View Post
    Usually most trucking deals are paid net-7 or less, typically next-day, so factoring in place to ensure a consistent & quick cash flow (which I figure is what you were aiming at) doesn't really make a difference. Factoring in place on a trucking deal increases risk substantially as you will not have first right to receive.
    It was, but not so much about the quick and consistent cash flow. Its more about the merchant having more to lose if the deal goes bad - So in my opinion it makes the deal less likely to default.
    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

  14. #14
    Quote Originally Posted by EatSleepFundRepeat View Post
    Usually most trucking deals are paid net-7 or less, typically next-day, so factoring in place to ensure a consistent & quick cash flow (which I figure is what you were aiming at) doesn't really make a difference. Factoring in place on a trucking deal increases risk substantially as you will not have first right to receive.
    Yes a new funder would be primed by the factor in the UCC stack, but if a B level trucking merchant isn't factoring his invoices- it begs the question for the underwriter- why not? Or why won't the factors work with them?

    Robert S Bloink
    EVP of ISO Partnerships
    Direct: 248-341-9477
    Email: bb@cooperasset.com
    Web: www.cooperasset.com

  15. #15
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    Sounds like something we would fund
    All I do is FUND FUND FUND no matter what...

    Madison Capital Fund
    Josh - Senior Funder
    862-323-1780
    josh@madisoncapitalfund.org
    Apply:madisoncapitalfund.org/applynow

  16. #16
    Senior Member Reputation points: 11927 FUND3R1's Avatar
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    If the truckers credit is decent you can go do RDM and also Knight puts out (if they have there two flip phones available today) lol.
    FUND3R1

    "Everyday is a bank account, and time is our currency. No one is rich, no one is poor, we've got 24 hours each. --Christopher Rice"

  17. #17
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    Knight is a solid option. gonna try use them more phone, Ill probably have to buy my rep a phone.

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