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  1. #1

    Trucking

    revenue 54k 27k 33k

    home based trucking

    fico 600

    1 truck

    who will fund this

  2. #2
    Senior Member Reputation points: 44858
    Join Date
    Apr 2019
    Posts
    319

    the first guy who replies here with an @gmail address telling you he can fund it if you just send him the file

  3. #3
    Not gonna lie to you this is an extremely hard one. This guy's business is 100% dependent on that one vehicle, and typically anyone who will underwrite or price a trucking / transportation deal will require a minimum of 3-4 vehicles.

    Think about it in a logical sense: if something happens to this truck, breaks down etc... he's literally out of commission + no revenue period. It's too much of a risk.

    You should instruct your merchant to look into purchasing or leasing another vehicle bc I gotta be honest I don't know a single reputable funding house who would touch this.

  4. #4
    Try Vader

  5. #5
    Senior Member Reputation points: 216519
    Join Date
    Feb 2017
    Posts
    3,334

    Also try Bitty.

  6. #6
    yes
    Last edited by Logan_greendoor; 07-23-2021 at 02:59 PM.

  7. #7
    Cooper has no problem with the smaller trucking files. Send it along-

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

  8. #8
    Senior Member Reputation points: 1519
    Join Date
    Aug 2020
    Location
    New York, NY
    Posts
    123

    ClearFund would give an offer here based on what you mentioned, bear in mind that we would take the "1 Truck" factor into consideration when pricing.

    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

  9. #9
    call me on ALL TRUCKING DEALS
    878-222-0022
    ms1@cash4u.com

  10. #10
    Quote Originally Posted by Friendly funder View Post
    revenue 54k 27k 33k

    home based trucking

    fico 600

    1 truck

    who will fund this
    Send over the file, we have funded a few similar deals.
    Daniel Semple - Manging Member
    daniel@alliancecapitalus.com
    www.alliancecapitalus.com
    646.907.5781

  11. #11
    We can collateralize the truck and purchase the invoices to secure some capitalization for them.


    Jimmy@sigicancapitalcorp.com

  12. #12
    Let's work
    Lashelle Cobham | Team Lead
    Tampa FL, 33624
    Cell: 813.599.7048
    E-mail: lashelle@maximumcapitalgroup.com
    Visit us: www.maximumcapitalgroup.com

  13. #13
    Senior Member Reputation points: 23085
    Join Date
    Nov 2013
    Posts
    598

    Quote Originally Posted by Friendly funder View Post
    revenue 54k 27k 33k

    home based trucking

    fico 600

    1 truck

    who will fund this
    Bitty
    EBF
    Cooper
    CFG
    EFinancial Tree

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