[Wmateo]

Hi lenders,
Looking for a Direct source that would consider a small trucking company doing 40k/mo. The file was declined due to 6 negatives days in past 90 days. Most of those negatives days happened in May. Only a copuple in June and July. He does not do factoring. He has assigned routes.

About the file:
- Local trucking
- 3 trucks in Fleet
- 40k/mo average revenue (Jan -April is the low season for trucking. The revenue for the last 2 months has been 60k).
- FICO: 580
TIB: 3 Years

Customer has been renting a truck for $1,100/mo. So he is looking to buy one in cash for 20k and pay the same, but the truck will be his.

[closer129]

Hi lenders,
Looking for a Direct source that would consider a small trucking company doing 40k/mo. The file was declined due to 6 negatives days in past 90 days. Most of those negatives days happened in May. Only a copuple in June and July. He does not do factoring. He has assigned routes.

About the file:
- Local trucking
- 3 trucks in Fleet
- 40k/mo average revenue (Jan -April is the low season for trucking. The revenue for the last 2 months has been 60k).
- FICO: 580
TIB: 3 Years

Customer has been renting a truck for $1,100/mo. So he is looking to buy one in cash for 20k and pay the same, but the truck will be his.

If the daily balances are strong we have a 3 truck minimum and 1.5-2 years in business. Feel free to reach out to me.

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

[Olderguy]

I have financed a truck purchase 100% with a 585 Fico
Look at equipment financing
Reach out to Tony

Tony Borchello
First Financial
phone: (888) 211-2197 EXT:700
mobile: (949) 800-5767
tonyb@firstfinancialweb.com

Usually needs 1st and last month down plus $500.
Rate may be 20% - 25%
3-5 years

Can cross collateralize too.