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  1. #1

    Trucking 1st position

    Merchant does 170k/mo deposits, avg balance 80k tib 12 months 1st pos. What lenders would give a good offer here?

  2. #2
    Feel free to reach out- we offer term loans up to 24 months and MCA's up to 15 months on A+ paper deals.
    Benjamin Lugassy
    SOS Capital
    blugassy@soscapital.com
    P:212-235-5462
    F:212-235-5459
    www.soscapital.com

  3. #3
    Senior Member Reputation points: 1519
    Join Date
    Aug 2020
    Location
    New York, NY
    Posts
    123

    Try CFG, they go super aggressive with trucking companies.

    ClearFund wouldn’t be competitive as a first on a file like this.

  4. #4
    We can do weekly payments and extended terms , we fund mainly truckers

    Ryan
    4132312523

  5. #5
    Senior Member Reputation points: 337045
    Join Date
    Mar 2015
    Location
    Rock Ridge
    Posts
    3,453

    Quote Originally Posted by Topcloser View Post
    Merchant does 170k/mo deposits, avg balance 80k tib 12 months 1st pos. What lenders would give a good offer here?
    Factor that...... $170K/month trucking company does not get me all excited, but would be happy to take a look.

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

  6. #6
    If merchant still needs funding, send me statements.

    We'll get them funded TODAY!


    Matt Spinelli
    Spartan Capital
    ISO Manager
    201-907-4042
    matt@spartancapitalgroup.com

  7. #7
    Minimum Monthly Rev: 25,000
    Maximum Funding Amount: 1,000,000
    Buy Rate: 1.20 - 1.42
    Maximum Up Sell: 15%
    Minimum Time in Business: 1 Year
    Minimum Average Bank Balance: $1,000
    Minimum Fico: 550
    Expected Terms: 4-12 Months
    Maximum Negative Days: 5
    Minimum Deposits Per Month: 5
    Minimum Ownership %: 51

    *B PAPER ONLY*
    We will mainly offer daily payment options, Weekly are possible but is on a strict deal to deal basis! We Fund Trucking, Construction, Cannabis, Lawyers, Puerto Rico, Restaurants and much more!

    Nicholas Curcio
    O: (888) 425-2825
    C: (631) 942-3364
    E: nicholas@greenbuckcapital.com
    www.greenbuckcapital.com

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