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05-30-2024, 07:25 PM #1
- Join Date
- Aug 2023
- Posts
- 15
We fund with 1 truck up to $10,000.00
Underwriting Email- newdeals@adventurefundings.com
Website- http://www.adventurefundings.com/partner
We Are Licensed In VIRGINIA
South Florida Micro Funder Since 2021
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Today, 11:19 AM #2
- Join Date
- Dec 2023
- Location
- NJ
- Posts
- 32
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.
TMRNOW | A Total Merchant Resources Company
Ariel Avalos – Iso Relations Manager
377 Hoes Lane, Suite 240, Piscataway, NJ 08854
Phone: 347-814-6152 | Email: Ariel@tmrnow.com | Web: www.tmrnow.com
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05-31-2024, 11:24 AM #3
- Join Date
- May 2019
- Location
- Miami
- Posts
- 140
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.comMike
Chief Motherfunder In Charger
Foretrust Funding
Michael@foretrust-funding.com
www.foretrust-funding.com
Direct Lender
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06-01-2024, 03:05 PM #4
- Join Date
- Aug 2018
- Posts
- 734
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06-01-2024, 03:22 PM #5
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06-02-2024, 04:43 PM #6
- Join Date
- Feb 2017
- Posts
- 3,407
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
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06-03-2024, 10:44 AM #7
- Join Date
- May 2019
- Location
- Miami
- Posts
- 140
Last edited by Fundthis!; 06-03-2024 at 07:24 PM.
Mike
Chief Motherfunder In Charger
Foretrust Funding
Michael@foretrust-funding.com
www.foretrust-funding.com
Direct Lender
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06-03-2024, 10:36 AM #8
- Join Date
- May 2019
- Location
- Miami
- Posts
- 140
Mike
Chief Motherfunder In Charger
Foretrust Funding
Michael@foretrust-funding.com
www.foretrust-funding.com
Direct Lender
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06-03-2024, 10:48 AM #9
- Join Date
- Feb 2017
- Posts
- 3,407
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?
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06-03-2024, 10:35 AM #10
- Join Date
- May 2019
- Location
- Miami
- Posts
- 140
Last edited by Fundthis!; 06-03-2024 at 10:47 AM.
Mike
Chief Motherfunder In Charger
Foretrust Funding
Michael@foretrust-funding.com
www.foretrust-funding.com
Direct Lender
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06-01-2024, 03:24 PM #11
- Join Date
- Aug 2018
- Posts
- 734
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06-02-2024, 08:27 AM #12
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.
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06-02-2024, 02:26 PM #13
- Join Date
- Aug 2018
- Posts
- 734
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06-03-2024, 02:23 PM #14
- Join Date
- Mar 2021
- Posts
- 185
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06-04-2024, 03:43 PM #15
- Join Date
- Feb 2017
- Posts
- 3,407
So at least there's a face behind Jaffe Capital
https://www.linkedin.com/feed/update...8112723472384/
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06-02-2024, 10:02 AM #16
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.comSteve 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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06-03-2024, 12:42 PM #17
- Join Date
- Nov 2016
- Posts
- 18
I fund several deals a month with Foretrust. They come in strong. Mike always makes it happen for me. They spanish deals too
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Yesterday, 10:10 AM #18
- Join Date
- Jun 2024
- Posts
- 1
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/
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Yesterday, 10:15 AM #19
- Join Date
- Jun 2024
- Location
- City Hallandle BCH, Florida
- Posts
- 3
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/
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