Results 1 to 14 of 14
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10-22-2020, 04:16 PM #1
- Join Date
- May 2020
- Posts
- 105
15k monthly trucker, wanna fund it?
no positions needs it asap..has 5 trucks already
very decent file
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10-22-2020, 04:19 PM #2
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,508
Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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10-22-2020, 04:20 PM #3
- Join Date
- Mar 2016
- Posts
- 908
Do they have factoring in place? How do the daily balances look? Should be able to do this no problem if credit is half way decent and balances aren't horrible.
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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10-22-2020, 04:24 PM #4
- Join Date
- May 2020
- Posts
- 105
if i do this mca, you interested in getting him to factor with you?
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10-22-2020, 04:26 PM #5
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10-22-2020, 04:34 PM #6
- Join Date
- Aug 2020
- Location
- New York, NY
- Posts
- 123
If you haven't funded this yet send it over to deal@clearfund.co, we specialize in these micro deals and fund trucking everyday.
Thanks.Underwriting Desk | ClearFund Solutions | New York, NY.
P: 855-543-2133 E: deals@clearfund.co W: www.clearfund.co
_____________________________
ClearFund is a Direct Funder
ISO inquires: partners@clearfund.co
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10-22-2020, 04:36 PM #7
- Join Date
- Feb 2017
- Posts
- 3,463
Problem with some of the small truckers is that their customers might be paying them on time. Good for merchant, bad for factoring
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10-22-2020, 04:44 PM #8
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,508
Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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10-22-2020, 04:49 PM #9
- Join Date
- May 2020
- Posts
- 105
why does factoring matter?
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10-22-2020, 04:54 PM #10
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,508
Factoring is a revolving facility. There should be no need for additional working capital unless they are expanding and need to spend capital to expand. If the goal is to raise money for expansion, then try and get an SBA on the trucks or finance the trucks. Usually margins for trucking companies are tight.
Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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10-22-2020, 05:03 PM #11
- Join Date
- May 2020
- Posts
- 105
i see, thanks
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10-22-2020, 06:35 PM #12
- Join Date
- May 2020
- Posts
- 105
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10-22-2020, 07:45 PM #13
- Join Date
- Aug 2020
- Location
- New York, NY
- Posts
- 123
Underwriting Desk | ClearFund Solutions | New York, NY.
P: 855-543-2133 E: deals@clearfund.co W: www.clearfund.co
_____________________________
ClearFund is a Direct Funder
ISO inquires: partners@clearfund.co
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10-23-2020, 08:07 AM #14
- Join Date
- Jun 2014
- Posts
- 541
1-5 Truckers is Cooper's wheelhouse. But why only $15K with 5 trucks?
Robert S Bloink
EVP of ISO Partnerships
Direct: 248-341-9477
Email: bb@cooperasset.com
Web: www.cooperasset.com
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