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11-15-2022, 05:07 PM #1Member
Reputation points: 54
- Join Date
- Mar 2017
- Posts
- 23
Who's Funding Small 1st position trucking
Whos funding small 1st position trucking these days other than Vader/EBF and Bitty these days?
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11-15-2022, 05:10 PM #2Senior Member
Reputation points: 68259
- Join Date
- Sep 2021
- Location
- Irvine, CA
- Posts
- 2,135
If they have 700+ Fico, bus credit card:
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.
Again need a 700+ FicoSteve 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.
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11-15-2022, 05:12 PM #3Senior Member
Reputation points: 99
- Join Date
- Aug 2021
- Posts
- 120
Our minimum monthly revenue for trucking is $20k email me for our guidelines
Andrew@efinancialtree.com
eFinancial Tree
C: 815 260 0284 (Call or Text)
Submissions@efinancialtree.com
https://www.efinancialtree.com/
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11-16-2022, 01:44 PM #4Senior Member
Reputation points: 69645
- Join Date
- Mar 2016
- Posts
- 898
We fund alot of small truckers at CFG - They do need to have factoring in place though. Feel free to reach out if you arent already signed up.
Thank you,
Lior Monus
Business Development Manager
CFG Merchant Solutions
Direct: (646) 880-6764
Cell: (516) 319-5826
Fax: (646) 278-7322
Lmonus@cfgms.com
180 Maiden Lane New York, NY 10038
www.cfgmerchantsolutions.com
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