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  1. #1
    Senior Member Reputation points: 24
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    crazy question

    Crazy question. Direct funders. Can anyone go out 70 to 80 days on 5th position trucking. needs 20k. $39000 balances. True deposits of $44877. $69500. $57000. I have the offers but not enough days.

  2. #2
    Quote Originally Posted by k lion View Post
    Crazy question. Direct funders. Can anyone go out 70 to 80 days on 5th position trucking. needs 20k. $39000 balances. True deposits of $44877. $69500. $57000. I have the offers but not enough days.
    Depending on daily balances, HB & what the merchants other 4 pos are maybe. However 20k for that revenue trucking sounds like a bit of a stretch

  3. #3
    Senior Member Reputation points: 68259 Olderguy's Avatar
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    Close the account and start over.
    Steve Benjamin
    Professional Business Loans

    1012 Contessa
    Irvine, CA 92620
    steveprobiz@gmail.com
    https://probizloans.net/
    Broker, Underwriter, general business loan expert
    949.228.1050


    @ 24 hour funding working capital loans
    @ Term loans from 3 years to 10 years at 9.5% and up
    @ Equipment financing up to 7 years
    @ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
    @ SBA loans - 7A and 504.
    @ Private money equity and debt for major investments
    @ Personal Loans up to gross income from personal tax return.

  4. #4
    Quote Originally Posted by Olderguy View Post
    Close the account and start over.
    If this is how you advise your clients you should be banned from this industry and sued as well and maybe start selling shoes. People always need new shoes

  5. #5
    please email me @ ralph@thorcapitalgroup.com we can help

  6. #6
    Senior Member Reputation points: 68259 Olderguy's Avatar
    Join Date
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    Quote Originally Posted by MCAFORDUMMIES View Post
    If this is how you advise your clients you should be banned from this industry and sued as well and maybe start selling shoes. People always need new shoes
    IMHO - Anybody who needs more than a 2nd position needs to shut down and start over. They need financial advice on how to run their business. (That's what they should do, not what they feel they need to do - see the difference?).
    Last edited by Olderguy; 01-19-2022 at 10:47 PM.
    Steve Benjamin
    Professional Business Loans

    1012 Contessa
    Irvine, CA 92620
    steveprobiz@gmail.com
    https://probizloans.net/
    Broker, Underwriter, general business loan expert
    949.228.1050


    @ 24 hour funding working capital loans
    @ Term loans from 3 years to 10 years at 9.5% and up
    @ Equipment financing up to 7 years
    @ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
    @ SBA loans - 7A and 504.
    @ Private money equity and debt for major investments
    @ Personal Loans up to gross income from personal tax return.

  7. #7
    Sounds like this is a prefect fit for hybrid
    Email us today kevin@hybridadvancellc.com

    5k minimum funding -NO MAX $$$
    - 15-20 minute response time
    - 2nd - 5th position
    - Terms up to 120 days (weekly's upon approval)
    - 1.39 buy rates
    - Max Upsell to 15 points!
    - 35k a month average revenue
    - Minimum of 5 deposits per month
    - Commission paid after 3rd debit clears! (4 days)
    - Minimal stips (DL & VC)
    - Early Payoff Discounts
    - Docusign Contracts

  8. #8
    Quote Originally Posted by MCAFORDUMMIES View Post
    If this is how you advise your clients you should be banned from this industry and sued as well and maybe start selling shoes. People always need new shoes
    How old are you 12 .....

  9. #9
    Send it over! iso@capital-infusion.com, cc: josh@capital-infusion.com


    We have no bank charter so have the freedom and flexibility to do logic-based underwriting. Call me directly and let me know what you need to get it done. We like to get funky 305-306-3060

    - A-/C+ paper (no high risk)
    - 1-4 positions
    - Monthly/weekly remittance
    - Max Approval: $500k
    - Max Term: 15 months
    - Max Upsell: 13 pts

    Send all deals to iso@capital-infusion.com, cc: josh@capital-infusion.com

    Josh Waxman
    VP Sales & Business Development
    E: josh@capital-infusion.com
    P: 305-306-3060

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