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  1. #1

    Trucking deal needs funding

    Trucking company, 1 truck doing 25k per month, has $5900 total in mca loans with 2 lenders. 7 yrs in business. 10k bank balance. During the height of covid the lenders suspended payments for 2 weeks while the nation was under stay at home order, Payments then resumed and cl;ient has been current and is in good standing with both lenders,. 12 month bank statements & application ready to go.Can you fund this deal?

    Greg Cooper
    Wall Street Corporate Finance
    3475230827
    wallstreetcorporatefinance@gmail.com

  2. #2
    Senior Member Reputation points: 6950 ESE5020's Avatar
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    Quote Originally Posted by Greg Cooper View Post
    Trucking company, 1 truck doing 25k per month, has $5900 total in mca loans with 2 lenders. 7 yrs in business. 10k bank balance. During the height of covid the lenders suspended payments for 2 weeks while the nation was under stay at home order, Payments then resumed and cl;ient has been current and is in good standing with both lenders,. 12 month bank statements & application ready to go.Can you fund this deal?

    Greg Cooper
    Wall Street Corporate Finance
    3475230827
    wallstreetcorporatefinance@gmail.com
    We like Trucking Deals. Feel free to reach out if you'd like us to take a look.
    East Shore Equities, LLC
    Submissions@EastShoreEquities.com
    Tel: 516-231-5595 | Fax: 516-231-5590
    www.EastShoreEquities.com

  3. #3
    You may try cooperasset.com

    I think Bitty told me at one time they would do trucking. I think they only go up to $15K and not sure if they do 3rd.

    CFG and Clearfund says they look at all industries

    Good Luck

  4. #4
    Thank You

  5. #5
    Senior Member Reputation points: 776
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    Quote Originally Posted by SKITTLES View Post
    You may try cooperasset.com

    I think Bitty told me at one time they would do trucking. I think they only go up to $15K and not sure if they do 3rd.

    CFG and Clearfund says they look at all industries

    Good Luck
    Thanks for the mention, this is a file we would definitely look at - feel free to send it our way deals@clearfund.co

    Thanks
    Underwriting Desk | ClearFund Solutions LLC | 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

  6. #6
    25k a month
    2 positions
    Looking for a 3rd LMAO
    How much is he paying on each position?
    Merchant might only be approve for a micro deals @ 3k.
    Possible default on whoever funds.
    Last edited by Fundingfrenzy; 11-02-2020 at 01:53 PM.

  7. #7
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    Sounds like a deal we would price and fund. The balances seem low enough for us to pay off depending on who they are with.

    feel free to reach out to me at any time.
    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
    Quote Originally Posted by SKITTLES View Post
    You may try cooperasset.com

    I think Bitty told me at one time they would do trucking. I think they only go up to $15K and not sure if they do 3rd.

    CFG and Clearfund says they look at all industries

    Good Luck
    Small trucking companies 1-5 trucks is Cooper's sweet spot. Send it along-

    Robert S Bloink
    EVP of ISO Partnerships
    Direct: 248-341-9477
    Email: bb@cooperasset.com
    Web: www.cooperasset.com
    logo-01smaller.jpg

  9. #9
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    Quote Originally Posted by ESE5020 View Post
    We like Trucking Deals. Feel free to reach out if you'd like us to take a look.
    you also like and fund fortune tellers..but need to see AR and processing...lulz

  10. #10
    Senior Member Reputation points: 11128 FUND3R1's Avatar
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    Quote Originally Posted by Lmonus View Post
    Sounds like a deal we would price and fund. The balances seem low enough for us to pay off depending on who they are with.

    feel free to reach out to me at any time.
    I would 100 percent send this deal over to CFG. They love trucking. If it's factored it's even better.

    Lior keep doing your thing.
    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"

  11. #11
    Member Reputation points: 10 Ricky Belle's Avatar
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    Please send file if not funded already.
    Ricky Belle
    Rapid-BC ( Direct Funder!)
    President.
    201-600-7411
    Rbelle@tmfcapitalgroup.com
    http://rapid-bc.com
    http://fundrycap.com

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