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  1. #1

    New Business

    $2mill per year solid Trucking Business. Been client for 5+ years. Need to get them out of the renewal cycle and into a something longer than 1 year. $200k+ needed. Solid Credit

  2. #2
    We can get them an unsecured business line of credit up to 100k, and if they have trucks paid off we can get working capital for each vehicle up to 50k with 36 month terms. Let me know if you want to discuss further.

    Daniel Lax
    National Account Manager
    LendSparkA*2554 Gateway Rd
    Carlsbad, CA 92009
    (760) 255-6604 dan@lendspark.com*
    www.lendspark.com *
    CFL*60DBO 41240 DRE 02088975

  3. #3
    Senior Member Reputation points: 503040
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    Quote Originally Posted by Dlax428 View Post
    We can get them an unsecured business line of credit up to 100k, and if they have trucks paid off we can get working capital for each vehicle up to 50k with 36 month terms. Let me know if you want to discuss further.

    Daniel Lax
    National Account Manager
    LendSparkA*2554 Gateway Rd
    Carlsbad, CA 92009
    (760) 255-6604 dan@lendspark.com*
    www.lendspark.com *
    CFL*60DBO 41240 DRE 02088975
    Unsecured line of credit is a euphemism for “credit cards” right?

  4. #4
    Senior Member Reputation points: 54989
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    Mantis = Trucking!
    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

  5. #5
    Veteran Reputation points: 135672 Chambo's Avatar
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    Quote Originally Posted by VME View Post
    $2mill per year solid Trucking Business. Been client for 5+ years. Need to get them out of the renewal cycle and into a something longer than 1 year. $200k+ needed. Solid Credit
    so merchant does $167K and wants $200K? TRUCKING? In THIS economy?

  6. #6
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    Quote Originally Posted by Chambo View Post
    so merchant does $167K and wants $200K? TRUCKING? In THIS economy?
    Chambo, $200k with a a long term is very different than a 10-12-month term. OP was looking for something "longer than 1 year" so imagine an SBA with those parameters and that's doable. However trucking, well..... Already factoring I'm assuming.

  7. #7
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    Quote Originally Posted by WestCoastFunding View Post
    Unsecured line of credit is a euphemism for “credit cards” right?
    BTW, WCF, unsecured line of credit is not always a euphemism for credit cards. I secured a plumber in Texas $210,000 in real bank unsecured business lines of credit, and were going to get him another $75k+ in 0 APR credit cards, but he told he that we got him enough money already! That's also without Bluevine.

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