Food Trucks - 12 months
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  1. #1

    Food Trucks - 12 months

    Lendr offered $20k 12 months and then killed it for being a food truck with no brick and mortar... can anybody assist here

  2. #2
    Senior Member Reputation points: 72961 Olderguy's Avatar
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    Location
    Irvine, CA
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    Is it free and clear?
    Maybe do equipment financing?
    Have done those in a week

    If Fico over 700, do personal loan if they qualify.
    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.

  3. #3
    Senior Member Reputation points: 39065
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    Quote Originally Posted by Olderguy View Post
    Is it free and clear?
    Maybe do equipment financing?
    Have done those in a week

    If Fico over 700, do personal loan if they qualify.
    Send it to steve benjamin he will double fund your client.

  4. #4
    Senior Member Reputation points: 84416
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    Location
    Florida
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    Quote Originally Posted by Mexican Funding View Post
    Lendr offered $20k 12 months and then killed it for being a food truck with no brick and mortar... can anybody assist here
    Credit Card split funding may be an option
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  5. #5
    Senior Member Reputation points: 10476
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    Nov 2019
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    Quote Originally Posted by Mexican Funding View Post
    Lendr offered $20k 12 months and then killed it for being a food truck with no brick and mortar... can anybody assist here
    I fund food trucks but i do not know if i will go as far out as 12 months thou. But if we are the first position our renewals work kind of like a credit line so term does not matter if they keep renewing.

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

  6. #6
    Senior Member Reputation points: 8447
    Join Date
    Jul 2015
    Location
    Tampa Florida
    Posts
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    One of our only exceptions to having a brick and mortar is food trucks. We exclusively fund based on the credit card sales of the business.

    Signed application
    June & July business banks
    Credit card processing portal website, username and password OR Most recent 4-6 months credit card processing statements
    Jason H l Sales & Business Development
    Quikstone Capital Solutions l Tampa FL
    Direct Line & Mobile 813-371-8233 l Fax 813-371-8233 l Text 727-492-8812
    Jason.Hausle@quikstonecapital.com
    www.quikstonecapital.com


    Direct Lender Since 2005

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