[whaley]

Who funds truckers with good revenue and credit. For A paper Mulligan is unbeatable but they are the only ones left standing. I use to to use Kalamata, Pearl, Newco for B-C however they don't accept trucking any more. I am stuck with either Mulligan or headway for A which are very rare approvals and now B0C went to Bitty, Vader, and CFG which is really not B-C paper anymore. CFG will give offers but only like 3% of their revenue (example: 6k for a trucker doing 75k+) while Bitty and Vader offer 1.55+ and 50% get killed in final... Need some help please!!

[Thegoodbroker]

its tough bro...no funder is doing it now

[dollarbillz]

Reach out to David@mnrcapitalgroup.com
If revenue is over $100k and good balances, you can get some really good 2nd pos+ offers

[American Choice Cap]

These are our guidelines for trucking deals
100k+ MTM Rev
3+ trucks on the road
While we fund first positions with most files, we won't fund a first position for trucking or auto. Only 2nd - 4th
No Defaults (Not limited to trucking. No default files in general)
Preferably strong balances
Trucking isn't a preferred industry, but if the file is strong enough we will fund it.
Either way, hope you're able to close these files! Feel free to reach out if you need anything.

[closer129]

Who funds truckers with good revenue and credit. For A paper Mulligan is unbeatable but they are the only ones left standing. I use to to use Kalamata, Pearl, Newco for B-C however they don't accept trucking any more. I am stuck with either Mulligan or headway for A which are very rare approvals and now B0C went to Bitty, Vader, and CFG which is really not B-C paper anymore. CFG will give offers but only like 3% of their revenue (example: 6k for a trucker doing 75k+) while Bitty and Vader offer 1.55+ and 50% get killed in final... Need some help please!!

I am still funding trucking. They need to have at least 3 trucks on the road and be in business at least 1.5-2 years depending on what they hall. We cap at 6 months and 250k funded amount. Our rates will be a lot lower than 1.55 but higher than mulligans. On a first our rates are higher because we do not refinance the old balance on renewals we extend the term out like a line of credit in a way so0 the money gets cheaper as time goes on. We will even do stack positions for trucking if the file qualifies for another position.

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