[ADVENTUREFG]

We fund with 1 truck up to $10,000.00

[FundingCaptain]

I guess since this thread resurrected, ill mention that we (TMRNOW) not only still fund Transportation and Construction (seems alot of funders are shying away from both) but we actually reward certain approvals on these higher risk industries with longer than typical terms, if they meet the criteria outlined in my buy rates I can send you if youre interested/curious.

[Seth Davis]

I guess since this thread resurrected, ill mention that we (TMRNOW) not only still fund Transportation and Construction (seems alot of funders are shying away from both) but we actually reward certain approvals on these higher risk industries with longer than typical terms, if they meet the criteria outlined in my buy rates I can send you if youre interested/curious.

Construction isn't even remotely a problem compared to trucking, it's in a whole league of its own right now. Doubt you will reward trucking files with longer terms just sales jargon to brokers

[closer129]

Construction isn't even remotely a problem compared to trucking, it's in a whole league of its own right now. Doubt you will reward trucking files with longer terms just sales jargon to brokers

Our terms on first positions are open ended kind of like a line of credit of sorts. We have trucking oand constction deals that have been funding with us for years and it is one continuous term,

[Fundthis!]

I have been seeing a lot of trucking files the last few days. I usually don't waste my time with less than two trucks on the DOT but have been seeing higher quality logistics files.
What lenders are still funding trucking with reasonable rates and terms?

We are doing trucking; we are a new lender and have been lending since Feb of this year.
Trucking we are in the 1.40s and max days 130
If you want us to look at it send me your email and I ll shoot you over an ISO agreement

Michael@foretrust-funding.com

[Zonefund]

We are doing trucking; we are a new lender and have been lending since Feb of this year.
Trucking we are in the 1.40s and max days 130
If you want us to look at it send me your email and I ll shoot you over an ISO agreement

Michael@foretrust-funding.com

You are a broker.

Why aren't these guys getting banned @admin?

[admin]

You are a broker.

Why aren't these guys getting banned @admin?

How do you know they're a broker?

[abfunders]

How do you know they're a broker?

When someone is offering multiple products on their website, they're a broker.

They advertise that they offer Asset-Based, Bridge Funding, LOCs and MCAs (and MCAs are the last option), and their linked Instagram account offers "personal funding", then they're definitely brokers. Maybe they are white-labeled funding also, but they for sure are advertising broker services.

On their website, the phone number 215-514-6931 and that links to the DF thread here https://dailyfunder.com/showthread.p...atinum-Capital
Florida SOS says FORETRUST-FUNDING LLC was incorporated May 7, 2024, and the owner is Ronald Shusterman, https://www.linkedin.com/in/ronald-s...man-501184193/ which says Lyfe Advance, but the icon links to AmeriFi Capital

[Fundthis!]

When someone is offering multiple products on their website, they're a broker.

They advertise that they offer Asset-Based, Bridge Funding, LOCs and MCAs (and MCAs are the last option), and their linked Instagram account offers "personal funding", then they're definitely brokers. Maybe they are white-labeled funding also, but they for sure are advertising broker services.

On their website, the phone number 215-514-6931 and that links to the DF thread here https://dailyfunder.com/showthread.p...atinum-Capital
Florida SOS says FORETRUST-FUNDING LLC was incorporated May 7, 2024, and the owner is Ronald Shusterman, https://www.linkedin.com/in/ronald-s...man-501184193/ which says Lyfe Advance, but the icon links to AmeriFi Capital

LOL i guess direct lenders can never have a job prior to becoming lenders...lmao
Easy to fix have admin email us we will have everything in order.

[Fundthis!]

How do you know they're a broker?

He doesn't, I can prove we are funders email me

[abfunders]

He doesn't, I can prove we are funders email me

I just admit, Fundthis! has posted MANY times on the forum over the years about "not looking for a broker" and "looking for direct" so Michael knows what it is to be direct. I'm just going to point out that according to the Foretrust website, you also broker out deals. What's your connection with that Platinum thread?

[Fundthis!]

You are a broker.

Why aren't these guys getting banned @admin?

We are not brokers! you can check with GCC, Level3, PMF
We are new funders, why isn't @admin banning someone that accuses without knowing what they are talking about?

[Zonefund]

How do you know they're a broker?

Can't find any judgements unless i am spelling it wrong?

I have also never seen a direct funder state they are a direct lender. His website doesn't even have his CA license.

[admin]

Can't find any judgements unless i am spelling it wrong?

I have also never seen a direct funder state they are a direct lender. His website doesn't even have his CA license.

Anyone relying on court cases as their proof of being direct is probably a broker. Court cases are unreliable as evidence of anything. Plus, which courts did you check? New York, Florida, Utah, California, Texas, Connecticut, New Jersey, Massachusetts, Federal?

https://debanked.com/2024/05/how-eve...direct-funder/

There are lenders who lend in states other than California but I get your point. Let's ask him if he does loans or MCAs first.

[Zonefund]

Anyone relying on court cases as their proof of being direct is probably a broker. Court cases are unreliable as evidence of anything. Plus, which courts did you check? New York, Florida, Utah, California, Texas, Connecticut, New Jersey, Massachusetts, Federal?

https://debanked.com/2024/05/how-eve...direct-funder/

There are lenders who lend in states other than California but I get your point. Let's ask him if he does loans or MCAs first.

Ca va nyc, nothing found. He hasnt gone as far as even list his ca # on his website (some do some dont), but nothing points to it. Same thing for "jaffe capital".

Do you have another way to find out brother?

[goatFunding]

Ca va nyc, nothing found. He hasnt gone as far as even list his ca # on his website (some do some dont), but nothing points to it. Same thing for "jaffe capital".

Do you have another way to find out brother?

No skin in the game here.

But I have seen Jaffe Capital in statements many times... could be a white label.. no idea

[abfunders]

Ca va nyc, nothing found. He hasnt gone as far as even list his ca # on his website (some do some dont), but nothing points to it. Same thing for "jaffe capital".

Do you have another way to find out brother?

So at least there's a face behind Jaffe Capital
https://www.linkedin.com/feed/update...8112723472384/

[Olderguy]

Truckers are having enough trouble staying alive and the last thing they need is a MCA.

Triumph factoring:

In general if a company has 1-2 trucks they are priced at 2.99% flat, no minimums. If they have 3 or more we could do a volume based program…

Prior Month’s Volume Next Month’s Rate

0-$25k 2.99%

$25k-$50k 2.75%

$50-$100k 2.49%

$100k+ 1.99%

Nicole Matney​​​​
Sr. Transportation Factoring Sales Consultant

​651 Canyon Drive | Suite 105 | Coppell, Texas 75019
| (469) 312-7195 (Office)
| +1 (214) 3005799 (Mobile)
www.invoicefactoring.com

[vr0]

I fund several deals a month with Foretrust. They come in strong. Mike always makes it happen for me. They spanish deals too

[AlexPete]

We are funding the trucking industry - requirement is 100K in monthly revenue and 20 deposits.

We will be happy to have a look at the file. Reach out to me in the contact information below.

Alex Peterson
ISO Relationships Manager, THORO CORP
E: alex@thorocorp.com
C: 305-502-9414
W: https://www.thorocorp.com/

[Jacquelline Bogdanov]

We provide funding for trucking businesses with a monthly revenue of $100,000 or more.



Jacquelline Bogdanov
Head of ISO Relations, THORO CORP
E: jacquelline@thorocorp.com
C: (305) 528-5229
W: https://www.thorocorp.com/

[brandon_]

Vader is really the only one. At least on the small ones. There are a few others who have minimum deposit restrictions around $50k+. But Vader has been the only consistent 1st position trucking for a while

[Seth Davis]

Vader is really the only one. At least on the small ones. There are a few others who have minimum deposit restrictions around $50k+. But Vader has been the only consistent 1st position trucking for a while

I don't work with Vader but Forward and Big Bitty are good for trucking, especially Big Bitty. Legend does it but only gives 4 month approvals so it's a waste

[Zonefund]

I don't work with Vader but Forward and Big Bitty are good for trucking, especially Big Bitty. Legend does it but only gives 4 month approvals so it's a waste

Seth, does forward require you to close x amount of deals a month to keep you active?

[Seth Davis]

Seth, does forward require you to close x amount of deals a month to keep you active?

Above my pay grade, we do enough business with them that I doubt it would matter