Who still funds trucking?
Need a Funder or Vendor? START HERE

Results 1 to 25 of 54

Hybrid View

  1. #1
    Senior Member Reputation points: 39065
    Join Date
    Aug 2018
    Posts
    775

    Quote Originally Posted by Fundthis! View Post
    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?

  2. #2
    Administrator Reputation points: 59879 admin's Avatar
    Join Date
    Jul 2012
    Posts
    641

    Quote Originally Posted by Zonefund View Post
    You are a broker.

    Why aren't these guys getting banned @admin?
    How do you know they're a broker?

  3. #3
    Senior Member Reputation points: 226631
    Join Date
    Feb 2017
    Posts
    3,418

    Quote Originally Posted by admin View Post
    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

  4. #4
    Senior Member Reputation points: 10961
    Join Date
    May 2019
    Location
    Miami
    Posts
    140

    Quote Originally Posted by abfunders View Post
    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.
    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

  5. #5
    Senior Member Reputation points: 10961
    Join Date
    May 2019
    Location
    Miami
    Posts
    140

    Quote Originally Posted by admin View Post
    How do you know they're a broker?
    He doesn't, I can prove we are funders email me
    Mike
    Chief Motherfunder In Charger
    Foretrust Funding
    Michael@foretrust-funding.com
    www.foretrust-funding.com
    Direct Lender

  6. #6
    Senior Member Reputation points: 226631
    Join Date
    Feb 2017
    Posts
    3,418

    Quote Originally Posted by Fundthis! View Post
    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?

  7. #7
    Senior Member Reputation points: 10961
    Join Date
    May 2019
    Location
    Miami
    Posts
    140

    Quote Originally Posted by abfunders View Post
    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?
    No Connection to Platinum, and I wonder why you guys think that someone that has the money can't start lending??
    I requested that admin call or email me so this can be addressed.
    Mike
    Chief Motherfunder In Charger
    Foretrust Funding
    Michael@foretrust-funding.com
    www.foretrust-funding.com
    Direct Lender

  8. #8
    Administrator Reputation points: 59879 admin's Avatar
    Join Date
    Jul 2012
    Posts
    641

    Quote Originally Posted by Fundthis! View Post
    No Connection to Platinum, and I wonder why you guys think that someone that has the money can't start lending??
    I requested that admin call or email me so this can be addressed.
    Let's get down to the nuts and bolts. Are you doing loans or MCAs, because you keep saying lending and if that's the case there are a lot more questions coming your way.

  9. #9
    Senior Member Reputation points: 10961
    Join Date
    May 2019
    Location
    Miami
    Posts
    140

    Quote Originally Posted by admin View Post
    Let's get down to the nuts and bolts. Are you doing loans or MCAs, because you keep saying lending and if that's the case there are a lot more questions coming your way.
    We do MCA's but have done hard money
    Mike
    Chief Motherfunder In Charger
    Foretrust Funding
    Michael@foretrust-funding.com
    www.foretrust-funding.com
    Direct Lender

  10. #10
    Senior Member Reputation points: 10961
    Join Date
    May 2019
    Location
    Miami
    Posts
    140

    Quote Originally Posted by admin View Post
    Let's get down to the nuts and bolts. Are you doing loans or MCAs, because you keep saying lending and if that's the case there are a lot more questions coming your way.
    Also if you PM with your email, I can send you everything you need to prove we are direct
    Last edited by Fundthis!; 06-03-2024 at 11:23 AM.
    Mike
    Chief Motherfunder In Charger
    Foretrust Funding
    Michael@foretrust-funding.com
    www.foretrust-funding.com
    Direct Lender

  11. #11
    Senior Member Reputation points: 10961
    Join Date
    May 2019
    Location
    Miami
    Posts
    140

    Quote Originally Posted by Zonefund View Post
    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?
    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

Similar Threads

  1. who funds 20k-30k monthly rev trucking companies
    By Joseph Pak in forum Deal Bin
    Replies: 2
    Last Post: 07-07-2023, 01:55 AM
  2. Who Funds Trucking
    By FUND3R1 in forum Merchant Cash Advance
    Replies: 11
    Last Post: 05-09-2023, 04:41 PM
  3. Who Funds Low-Revenue Trucking???
    By Fundyman in forum Merchant Cash Advance
    Replies: 9
    Last Post: 01-02-2023, 12:38 AM
  4. Who Funds Small Trucking Companies??
    By kevin85k in forum Merchant Cash Advance
    Replies: 19
    Last Post: 07-14-2021, 03:37 PM
  5. who funds behind a reverse in trucking industry
    By viper066 in forum Deal Bin
    Replies: 8
    Last Post: 10-27-2020, 01:21 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

LegalZoom partners w/ businessloans.com
iBusiness Funding acquires Funding Circle
Fintech Nexus is shutting down


DIRECTORY