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01-13-2023, 09:29 AM #1
- Join Date
- Dec 2022
- Posts
- 4
Trucking, $10K
Have a solo trucker. 11K monthly deposits. He uses his freight broker's truck in exchange for 50% of his load profit. I have bank statements and pay stubs showing his checks getting hit for 50%. Need $10k to repair his truck and get it back on the road. His weekly take home with double. Not an amazing deal, but if anyone has any way to go let me know.
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01-13-2023, 10:52 AM #2
Would he fit into this box?
This would take a month:
Trucker file from broker.
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.
Need a 700+ Fico
Can also look into a personal loan - check with Micah for that.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.
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01-16-2023, 09:01 PM #3
- Join Date
- Sep 2022
- Location
- Lakewood, NJ
- Posts
- 51
get him a certified repair trucking loan. Cheapest for the merchant. Max like 13% interest if you have title.
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