Funder needed for trucker with 3 trucks: 2 owned/lease, 1 independent contractor
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  1. #1

    Funder needed for trucker with 3 trucks: 2 owned/lease, 1 independent contractor

    This is a Nevada deal.
    2 owners 50/50.
    True monthly revenue 66K
    We've been working with him since January to get revenue up, currently looking for $30-$40K funding
    Broker can syndicate up to $5K

  2. #2
    Senior Member Reputation points: 68259 Olderguy's Avatar
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    Irvine, CA
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    Are they looking for working capital or equipment financing?
    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
    Hi Steve, they are looking for working capital but it is for the purpose (partially) of financing another truck.

  4. #4
    Senior Member Reputation points: 68259 Olderguy's Avatar
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    Get ahold of my buddy Tony for the truck financing and see if he can help you:

    Tony Borchello
    General Manager
    Finance It Forward
    phone: (888) 211-2192
    mobile: (949) 800-5767

    Is their Fico 680 or better - consider a personal loan on each based on gross income on personal tax return? 8% and up, 3 - 5 years. Lemme know if you need help with that too. Actually Micah can do it. abfunders. Reach out to him.
    Last edited by Olderguy; 11-09-2022 at 07:15 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.

  5. #5
    Senior Member Reputation points: 10476
    Join Date
    Nov 2019
    Posts
    654

    If credit is descent an have strong daily balances I should be able to give an offer.

    Scott Platto
    212-220-9872
    scott@tmrnow.com

  6. #6
    Senior Member Reputation points: 61
    Join Date
    Nov 2022
    Location
    NYC
    Posts
    117

    Looks like somthing that fits my funding criteria please give me a call or email us the file

    347-377-0223
    subs@bigafunding.com

  7. #7
    Quote Originally Posted by closer129 View Post
    If credit is descent an have strong daily balances I should be able to give an offer.

    Scott Platto
    212-220-9872
    scott@tmrnow.com
    Credit for owner 1 is 440 and credit for owner 2 is 582. So not very decent, but we've been working with him for 9 months and have him in a credit repair program. He has also grown to 3 trucks and limited his negative days to 1 during that time.

  8. #8
    Senior Member Reputation points: 68259 Olderguy's Avatar
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    You'll need a co-borrower for the truck financing....still possible though...Tony can go down to 580 Fico...
    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.

  9. #9

    Supreme funds Truckers

    Send it over, we can get this knocked out in no time
    We specialize in funding:
    Deals w prior Defaults
    "Over Leveraged" deals
    All Positions (as long as there is space)
    Low FICO scores
    and all other "difficult" deals

    To submit a file or to request an ISO Agreement, kindly email underwriting@supremefunding.net.
    I look forward to hearing from you.

    Rasheed Miller
    (917) 933-3095 (text or call)
    https://supremefunding.net/

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