Results 1 to 11 of 11
Hybrid View
-
09-29-2022, 05:47 PM #1
- Join Date
- Sep 2022
- Posts
- 3
Trucking Company Needs 1st
This is a delivery/ trucking company that's been in business for 14 months. They have various contracts with vendors to deliver home improvement items such as cabinets, windows, and doors. They also have a warehouse where vendors pay to store inventory. Does $100k+ monthly Owners credit it not that good. Looking for someone to fund this deal.
-
09-29-2022, 05:49 PM #2
- Join Date
- Nov 2019
- Posts
- 675
How many trucks does he have on the road? Why is the credit not that good?
-
09-29-2022, 06:12 PM #3
- Join Date
- Sep 2022
- Posts
- 3
He has 6 trucks on the road
-
09-29-2022, 06:22 PM #4
- Join Date
- Nov 2019
- Posts
- 675
Depending on the credit an daily balance i maybe able to get it done. Since trucking is high risk and he has bad credit and just over a year in business term may cap 3-6 months. We work like a credit thou. If that can work and i can explain the line of credit on how we do it you can give me a call.
Scott
Tmrnow
212-220-9872
-
09-29-2022, 06:38 PM #5
- Join Date
- Sep 2022
- Posts
- 3
ok I will call you
-
09-29-2022, 08:10 PM #6
Are they factoring their A/R?
Do they need working capital or vehicle financing?Steve Benjamin
Professional Business Loans
522 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.
-
09-30-2022, 07:24 AM #7
If you haven't found a home for this we can consider it. We do not run credit so credit is not a factor at all. We would base our offer on revenue and specifically the contracts you mentioned.
If he factors his invoices/payments we can still work with him but would need an inter-creditor agreement signed by the factoring company. We have a quick 1 page inter-creditor agreement that would need to be signed. We offer weekly payments on all offers if that helps.
-
10-06-2022, 11:42 PM #8
- Join Date
- Oct 2021
- Posts
- 77
-
09-30-2022, 10:40 AM #9
- Join Date
- Aug 2021
- Posts
- 120
Might be able to get an offer here depending on what's on the credit report & how strong his daily balances are.
Email me for our guidelines Andrew@efinancialtree.comAndrew@efinancialtree.com
eFinancial Tree
C: 815 260 0284 (Call or Text)
Submissions@efinancialtree.com
https://www.efinancialtree.com/
-
09-30-2022, 05:06 PM #10
- Join Date
- Apr 2022
- Location
- New York
- Posts
- 78
If its fundable I'll give you an offer, send it over
-
10-05-2022, 08:58 AM #11
- Join Date
- Sep 2022
- Posts
- 31
I would be happy to review this for you if you haven't gotten anything? We have a 2 truck min for trucking. Let me know.
ctoomey@prioritycapital.comConnor Toomey
Priority Capital – Account Executive
174 Green St. | Melrose, MA 02176
Direct: 339-293-6159
Email- ctoomey@prioritycapital.com
www.prioritycapital.com
Similar Threads
-
Trucking company using EFS
By Essential$$$ in forum Deal BinReplies: 2Last Post: 07-21-2022, 12:50 PM -
Need a factoring company for trucking company
By pfunding in forum Merchant Cash AdvanceReplies: 1Last Post: 12-02-2021, 04:20 PM -
Trucking company
By Mike1987 in forum Deal BinReplies: 7Last Post: 03-09-2020, 09:14 AM -
CA Trucking Company
By ZoReeves in forum Deal BinReplies: 8Last Post: 09-07-2016, 09:27 AM -
Trucking Company
By BTI in forum Deal BinReplies: 3Last Post: 07-19-2016, 12:09 PM