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  1. #1
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    15k monthly trucker, wanna fund it?

    no positions needs it asap..has 5 trucks already
    very decent file

  2. #2
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    Quote Originally Posted by Iscibibi153 View Post
    no positions needs it asap..has 5 trucks already
    very decent file
    Probably way to small for us. You should consider factoring that one.

    KH
    Hedley Lamarr......That's Hedley

  3. #3
    Senior Member Reputation points: 69645
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    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

  4. #4
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    if i do this mca, you interested in getting him to factor with you?

  5. #5
    Senior Member Reputation points: 6957 ESE5020's Avatar
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    Quote Originally Posted by Iscibibi153 View Post
    no positions needs it asap..has 5 trucks already
    very decent file
    We like trucking deals, if you need an offer send it over.
    East Shore Equities, LLC
    Submissions@EastShoreEquities.com
    Tel: 516-231-5595 | Fax: 516-231-5590
    www.EastShoreEquities.com

  6. #6
    Senior Member Reputation points: 1519
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    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

  7. #7
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    Problem with some of the small truckers is that their customers might be paying them on time. Good for merchant, bad for factoring

  8. #8
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    Quote Originally Posted by abfunders View Post
    Problem with some of the small truckers is that their customers might be paying them on time. Good for merchant, bad for factoring
    Micah,

    Under normal circumstances maybe, but in this environment everyone and their uncle is blaming COVID on slow pay.
    Hedley Lamarr......That's Hedley

  9. #9
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    why does factoring matter?

  10. #10
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    Quote Originally Posted by Iscibibi153 View Post
    why does factoring matter?
    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.
    Hedley Lamarr......That's Hedley

  11. #11
    Senior Member Reputation points: 208
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    i see, thanks

  12. #12
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    Quote Originally Posted by ClearFund View Post
    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.
    .co or .com?

  13. #13
    Senior Member Reputation points: 1519
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    Quote Originally Posted by Iscibibi153 View Post
    .co or .com?
    deals@clearfund.co
    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

  14. #14
    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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