Garbage Trucks
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  1. #1

    Garbage Trucks

    I have a client that is looking to buy 3 garbage trucks for roughly 35K.
    Excellent credit (720+) can't show income on tax returns or bank statements. 2+ years in the disposal business.

    Trucks are worth 100K. It is a distressed sale. Is there some type of financing out that will use the trucks as collateral?

    I sent to Finance Store for their unsecured revolving program and they declined because while the credit was excellent, it was "thin"

    Any ideas?

  2. #2
    Senior Member Reputation points: 11553 Eagle Funding's Avatar
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    Oct 2014
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    Garbage Trucks

    What's your email I'll get info out to you, email me allen@mcamerchant.com
    Eagle Funding Group
    Phone: (646) 793-6809
    Email: info@eaglefundinggroup.net
    Web: www.eaglefundinggroup.net

  3. #3

    Garbage Trucks

    Paying 12 points on 1st and 10 points on 2nds! Email for an ISO agreement. We fund deals and pay commish same day!!! Brendan@greenboxcapital.com

  4. #4
    Banned Reputation points: 4530
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    This a lease deal for either of three specialized leasing companies that each probably do this deal. If the collateral value is there the personal credit will not come into play.
    Please give me your contact information and I'll give you acall to explain.
    Bob Shaw734.929.3800

  5. #5
    Senior Member Reputation points: 3824
    Join Date
    Oct 2014
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    Garbage Trucks

    I could do this in my sleep. Bank lease buy back. 774-208-8118....best part is 15 points in the deal for you! 36-60 month term

  6. #6
    If you haven't found a home for this one yet I would love to help you out! Please contact me.
    Erin Dreselly

    World Business Lenders
    81 Market Sq., Suite 7
    Newington, CT 06111

    Direct: 860-549-2419
    Cell: 860-692-4636
    Fax: 860-499-5413
    Email: edreselly@wbl.com
    Web: www.wbl.com



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