Need a Funder or Vendor? START HERE

Results 1 to 6 of 6
  1. #1

    Need factoring for 1 million A/R semi truck dealer

    Looking for Factoring company that works with semi truck sales. Any one know a good company?

  2. #2
    Senior Member Reputation points: 284400
    Join Date
    Mar 2015
    Rock Ridge

    You cannot factor truck sales. There is no true invoice to finance. You need to discover somebody willing to provide floor plan financing on the vehicles/inventory.
    Hedley Lamarr......That's Hedley

  3. #3
    The dealership is self financing

  4. #4
    As a lease arrangement

  5. #5
    Senior Member Reputation points: 284400
    Join Date
    Mar 2015
    Rock Ridge

    Again-there is NO receivable to finance. You need to seek floor plan financing for the inventory OR a warehouse line for the internal finance company.
    Hedley Lamarr......That's Hedley

  6. #6
    Senior Member Reputation points: 8853 Olderguy's Avatar
    Join Date
    Sep 2021
    Irvine, CA

    You need a different kind of loan. Email me a loan app, 4 months of business bank statements, most recent business tax return and 2002, 2021 YTD P & L and balance sheet.
    Steve Benjamin
    Professional Business Loans

    Irvine, CA 92620

    @ 24 hour funding working capital loans
    @ Term loans from 3 years to 10 years at 6% and up
    @ Equipment financing up to 6 years
    @ Property loans - Primary, Investment, commercial, land, fix and flip, construction.
    @ SBA loans - 7A and 504.
    @ SBA EIDL 2nd draw still valid...
    @ Homeowner loan 2nd position- 15 year 8.99% no lien
    @ Private money equity and debt for major investments

Similar Threads

  1. Replies: 2
    Last Post: 05-09-2021, 06:52 AM
  2. Replies: 18
    Last Post: 01-26-2016, 12:20 PM
  3. Replies: 15
    Last Post: 01-05-2016, 03:08 PM
  4. Replies: 5
    Last Post: 10-19-2015, 12:40 PM
  5. Sale lease backs on semi trucks
    By love2fish in forum Deal Bin
    Replies: 1
    Last Post: 09-22-2015, 01:38 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts


eCapital acquires UMB Bank's AR
FTX US raises $400M at $8B val
Fountainhead hires ex-SBA District Director