Small Trucking Deals
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  1. #1
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    Small Trucking Deals

    Anybody funding small trucking deals nowadays? $10-20k per month in sales?

  2. #2
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    Quote Originally Posted by brandon_ View Post
    Anybody funding small trucking deals nowadays? $10-20k per month in sales?
    CFG vader

  3. #3
    Senior Member Reputation points: 73139 Olderguy's Avatar
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    If they have decent Fico's, I have been able to get them business credit cards for $69,000 with those deposits... Need a 700+ Fico. Midwest Corporate Credit and BizLoans.
    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.

  4. #4
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    Quote Originally Posted by brandon_ View Post
    Anybody funding small trucking deals nowadays? $10-20k per month in sales?
    Throw it in the trash

  5. #5
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    Anyone other than CFG/Vader?

  6. #6
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    if credit is decent try expansion capital

  7. #7
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    Quote Originally Posted by mca2150 View Post
    Throw it in the trash
    This

  8. #8
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    Thanks for actually providing info

  9. #9
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    Quote Originally Posted by Robinhood21 View Post
    if credit is decent try expansion capital
    Thanks for actually providing info

  10. #10
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    Quote Originally Posted by brandon_ View Post
    Thanks for actually providing info
    Lexio capital but they require 2-3 trucks min.

  11. #11
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    You can fund them, but any commission you make will end up getting clawed back anyways. Stay away from this industry.

  12. #12
    Senior Member Reputation points: 125065 BR-Nightmare's Avatar
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    We will see an uptick in submissions for new small or indy trucking companies shortly now that Yellow Truck filed BK
    The Brokers Nightmare
    I don't want peace, I want problems, ALWAYS!
    Florida-Based

  13. #13
    Yes that's right! We FUND TRUCKING AND CONSTRUCTION! Come on lets chat!

    Minimum Monthly Rev: 25,000
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    Buy Rate: 1.20 - 1.42
    Maximum Up Sell: 15%
    Minimum Time in Business: 1 Year
    Minimum Average Bank Balance: $1,000
    Minimum Fico: 550
    Expected Terms: 4-12 Months
    Maximum Negative Days: 5
    Minimum Deposits Per Month: 5
    Minimum Ownership %: 51

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    Nicholas Curcio
    O: (888) 425-2825
    C: (631) 942-3364
    E: nicholas@greenbuckcapital.com
    www.greenbuckcapital.com

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