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  1. #1

    trucking

    Who funds 1st pos trucking deals? Making 20-40k rev

  2. #2
    Senior Member Reputation points: 69645
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    We fund alot of truckers at CFG - Merchant needs to have factoring in place. Feel free to reach out ill have a rep assigned to you.
    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

  3. #3
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    Quote Originally Posted by Lmonus View Post
    We fund alot of truckers at CFG - Merchant needs to have factoring in place. Feel free to reach out ill have a rep assigned to you.
    JW, you want factoring?

    Doesn't that get in your way when it comes time to collect since the factoring company has the first UCC ?

  4. #4
    Although trucking is considered to be a restricted industry especially in the past few months, Capitalize would still fund if they have 2+ trucks with good balances.

    Send us your deals to tyler@capitalizegroup.com and we'll respond to you within two hours.
    Capitalize Group | New York, NY. | Direct Funder
    www.capitalizegroup.com | (347) 519-5323 | tyler@capitalizegroup.com

  5. #5
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    I fund all trucking positions as long as they have at least 3 trucks on the road with strong daily balances and there is room to give the money.

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

  6. #6
    Senior Member Reputation points: 14091
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    Quote Originally Posted by closer129 View Post
    I fund all trucking positions as long as they have at least 3 trucks on the road with strong daily balances and there is room to give the money.

    Scott Platto
    scott@tmrnow.com
    212-220-9872
    what do you fund under?
    Never seen you in deals just seen you posting on FB and now DF non stop about how you can fund anything and everything

  7. #7
    Member Reputation points: 423 American Choice Cap's Avatar
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    Three Trucks on the road, no default. Send it over.
    --
    Zohar Avshalom
    263 Tresser Blvd, 9th Floor, Stamford, CT 06901
    ISO Relations
    American Choice Capital
    917-267-9182

    Zohar@americanchoicecapital.com

  8. #8
    Senior Member Reputation points: 218103
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    Quote Originally Posted by Akanner View Post
    what do you fund under?
    Never seen you in deals just seen you posting on FB and now DF non stop about how you can fund anything and everything
    I have personally funded with TMR and been paid commissions by them. Debits come out as TMRNOWFUND

  9. #9
    Senior Member Reputation points: 69645
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    Quote Originally Posted by Akanner View Post
    JW, you want factoring?

    Doesn't that get in your way when it comes time to collect since the factoring company has the first UCC ?
    The factoring just shows consistent deposits which the biz owner doesnt need to chase down due to the factoring being in place.
    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

  10. #10
    $20-40k is low for trucking, but we'll review if the business is depositing $200k+ average/month. At least 2 years t.i.b, 600+ FICO and must have organic deposits/verifiable vendors (can't be all factored). Sign up with us today and stop getting paid peanuts on your deals, 12% is the minimum you make with us (12% high risk, 13% standard, 14% premium). Info in the signature
    203-705-8764

  11. #11
    Senior Member Reputation points: 6957 ESE5020's Avatar
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    Quote Originally Posted by VistaCap22 View Post
    Who funds 1st pos trucking deals? Making 20-40k rev
    We fund trucking, minimum 10k a month, as little as 1 truck.

    We base our offers on whether they have recurring receivables. If currently factoring, we would need the factor to sign a 1 page inter-creditor agreement.
    East Shore Equities, LLC
    Submissions@EastShoreEquities.com
    Tel: 516-231-5595 | Fax: 516-231-5590
    www.EastShoreEquities.com

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