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  1. #1
    Senior Member Reputation points: 6465
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    trucking -10k to 25k anyone funding it?

    anyone funding trucking 10k to 25k a month - 1 or 2 trucks?

    Mike

  2. #2
    Senior Member Reputation points: 66298 Olderguy's Avatar
    Join Date
    Sep 2021
    Location
    Irvine, CA
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    2,084

    File from broker.

    Trucker:

    Feb sales $12k
    March sales $12K
    April sales $4K
    Mostly additional revenue in business bank account are online transfers from savings account.
    Good Fico
    No debt

    Got him a couple of business credit cards at $69,000

    0% interest for a year

    The rates people get depend on what the lender gives them specifically, but they start with 0% rates for 6-12 months and then adjust to 9-19% APR or so after that.

    Need a 700+ Fico

    Got it through Midwest Corporate Credit
    Bailey Blasdel
    (630) 974-5507
    Bailey@midwestcorporatecredit.com

    If you talk to him mention my name.
    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.

  3. #3
    Quote Originally Posted by michaelh View Post
    anyone funding trucking 10k to 25k a month - 1 or 2 trucks?

    Mike
    FirstLine does. Feel free to reach out.
    Direct Funder | FirstLine Advance | New York, NY.

    firstlineadvance.com
    Call us: 929-592-3073
    Email us: subs@firstlineadvance.com

    1st position and up | Snap Funding within 2 hours | No credit checks

    Currently accepting new ISO's!

  4. #4
    Did you get a commission or success fee out of that deal?

  5. #5
    Quote Originally Posted by Olderguy View Post
    File from broker.

    Trucker:

    Feb sales $12k
    March sales $12K
    April sales $4K
    Mostly additional revenue in business bank account are online transfers from savings account.
    Good Fico
    No debt

    Got him a couple of business credit cards at $69,000

    0% interest for a year

    The rates people get depend on what the lender gives them specifically, but they start with 0% rates for 6-12 months and then adjust to 9-19% APR or so after that.

    Need a 700+ Fico

    Got it through Midwest Corporate Credit
    Bailey Blasdel
    (630) 974-5507
    Bailey@midwestcorporatecredit.com

    If you talk to him mention my name.
    Did u get a commission or success fee out of that deal?

  6. #6
    Senior Member Reputation points: 66298 Olderguy's Avatar
    Join Date
    Sep 2021
    Location
    Irvine, CA
    Posts
    2,084

    Quote Originally Posted by RyanPowell View Post
    Did u get a commission or success fee out of that deal?
    Yes...they charge a success fee of 10% and pay me 2.5%.
    I get paid on any and all renewals.
    Since the file came from a broker who couldn't place it, I split the fee with the broker.
    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
    Member Reputation points: 142
    Join Date
    Jul 2022
    Location
    BROOKLYN NY
    Posts
    60

    we can take a look
    Leon Davis
    Funder / Iso Relations

    Brickstone Fund
    Phone: 347-433-7727

    EMAIL: Leon@brickstonefund.com

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