Results 1 to 4 of 4
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05-30-2023, 02:54 PM #1
- Join Date
- May 2023
- Posts
- 1
Looking for lenders working with truckers
I have a merchant who is in the trucking industry doing over 200k monthly steadily but will only take monthly repayment terms has a 750 credit score and is looking for 150k.
let me know if anyone can help.
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05-30-2023, 03:02 PM #2
I have a SBA 7A guy believe it of not that might be able to do it...Reach out to me...and I'll give you the document package I need. I can also do equipment financing if he wants to finance another truck.
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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05-30-2023, 05:13 PM #3
- Join Date
- Jan 2020
- Location
- Brooklyn, New York
- Posts
- 125
Does the merchant have any positions? We don't offer monthly payments however we do offer Bi-Weekly payments for qualified merchants. This looks like a file that has the potential to qualify
Clark Sica
Business Development Manager
Lending Valley, Inc.
Office Line: 347-478-5161
Mobile Line:347-536-0528
Fax: 1-888-850-1971
www.LendingValley.com
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05-30-2023, 05:40 PM #4
- Join Date
- Feb 2017
- Posts
- 3,463
Are they looking for working capital, or for equipment financing?
SBA Bolt is a good program here, especially if they already have senior debt like factoring. Most truckers do, but if they don't, definitely get them set up ASAP. Much better than monthly.
Barring that, there's another program that I have that's more expensive than a regular MCA, but it's definitely monthly.
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