collateralizing tow trucks
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  1. #1
    Senior Member Reputation points: 52185 ADiamond's Avatar
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    collateralizing tow trucks

    got a merchant who owns like 8 tow trucks, she wants to see if someone will do something collateral-based with them.

    how does that work?

    what info do you need?
    Anthony Diamond
    Underwriter

  2. #2
    Senior Member Reputation points: 16709
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    Jackson Hole Wy
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    contact me we have some good programs depending on the collateral values. bzuniga@omegafund.com
    720-279-4345

  3. #3
    Senior Member Reputation points: 68233
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    Contact us as well.. rg@businesscapitalconsultants.com Richard 866 681 1227

  4. #4
    Right up our alley. We would need the following in order to submit the file:

    1) Signed Business Loan Application
    2) Most Recent 6 months of business bank statements
    3) Copy of the free and clear tow truck titles
    4) Picture of Exterior for each
    5) Picture of the odometer for each

    Please email submission or any questions to cpepe@wbl.com

  5. #5
    A forum user Reputation points: 2147483647 Sean Cash's Avatar
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    If your merchant is talking about collateral, always good to be in touch with WBL.

  6. #6
    Senior Member Reputation points: 68233
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    Understand however that your client will be able to leverage 50% OF THE AUCTION value of the equipment. That number is always infinitely less than the client wants it to be.. Touch base if you need us.. 866 681 1227

  7. #7
    I have an awesome program that will work for you! 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

  8. #8
    My name is Robert Glass from Premium merchant funding. We do all kinds of cash advance providing working capital for all kinds of business's in need of immediate next day cash for whatever reason whether being for business growth or pay off some bills up to $2,000,000 based on your past 4 bank statements. Please give me a call and we can discuss further.

    Premium Merchant Funding
    40 Wall St
    Robert Glass
    RGLASS@PREMIUMMERCHANTFUNDING.COM
    Office- 315 215 1374
    Cell- 347 447 1790

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