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08-16-2023, 05:08 PM #1
- Join Date
- Oct 2022
- Posts
- 12
Trucking deal
Looking for a 2nd(first will be paid off Friday) of 100k. Factoring company is on statements. Low balances but has made the high short term deal payment perfectly. Is doing $185-250k the last 4 months and is tracking well. I’m looking for a direct lender.
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08-18-2023, 01:43 AM #2
- Join Date
- Mar 2023
- Posts
- 54
Yes that's right! We FUND TRUCKING AND CONSTRUCTION! Come on lets chat!
Minimum Monthly Rev: 25,000
Maximum Funding Amount: 1,000,000
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
*B PAPER ONLY*
We will mainly offer daily payment options, Weekly are possible but is on a strict deal to deal basis! We Fund Trucking, Construction, Cannabis, Lawyers, Puerto Rico, Restaurants and much more!
Nicholas Curcio
O: (888) 425-2825
C: (631) 942-3364
E: nicholas@greenbuckcapital.com
www.greenbuckcapital.com
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11-03-2023, 12:57 PM #3
- Join Date
- Oct 2023
- Posts
- 22
We could take a look at your trucking files, with a min rev of 200k
Contact me
Ben Allen
InstaFund Advance
ISO Relations Manager
E: ben@instafundadvance.com
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11-14-2023, 05:59 PM #4
CEO
James G. Exarchou
James@click-n-loans.com
561-525-5497
https://click-n-loans.com/
https://www.linkedin.com/in/jamesgexarchou
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11-06-2023, 11:10 AM #5
- Join Date
- May 2014
- Location
- California
- Posts
- 348
....
Last edited by Shorebird; 11-06-2023 at 01:19 PM.
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11-10-2023, 10:13 AM #6
- Join Date
- Oct 2022
- Posts
- 291
What exactly is your clients expectations? I can help you obtain 1) MCA (PREFER NOT TO GO THIS ROUTE), 2) Unsecured Line of Credit (Okay), 3) Term Loan (Preferred method), 4) Equipment Master Credit Line (UPSELL), 5) SBA (UPSELL)
Elon Henek
HCI - Glen Cove, NY
Main: 1-516-676-1854
Cell: 1-516-236-4086
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11-10-2023, 10:35 AM #7
I got a trucker a large amount on a business credit card through Midwest Corporate Credit:...this may or may not apply here but it can be an option for this and other trucking clients:
File from broker.
Feb sales $12k
March sales $12K
April sales $4K
Mostly additional revenue in business bank account are online transfers from savings account.
Good Fico
No debt
Got him a couple of business credit cards at $69,000
0% interest for a year
The rates people get depend on what the lender gives them specifically, but they start with 0% rates for 6-12 months and then adjust to 9-19% APR or so after that.
Need a 700+ Fico
Our two main products are the Unsecured Business Credit products, Business Credit Cards (BCCs), and the Business 'checkbook' Line of Credit (BLOCs).
Attached is the Unsecured Business Credit Products Overview file.
This should give you all the details you need to know about the BCC and BLOC products.
Please review it and let me know if you have any questions.
A big benefit to all the products we deal with is that none of them will report to personal credit, as long as they stay in good standing. This is very important, because it will help protect their personal credit from business debt.
In order to review any prospect for the BCC and BLOC products, we need 2 things, at minimum:
1. Completed pre-qualification application (attached, or your form, as long as it has the information we request on our form)
2. Recently updated 3 bureau personal credit report, preferably the HTML file downloaded from IdentityIQ.com
*For the BLOC, we also need credit reports from anybody that owns more than 20% of the company, and the last filed business tax return. If they have financials, like the last filed business tax return, and/or last years or a YTD Profit and Loss statement, they are very helpful for the BLOC program. But if you don't have them, send me what you do have and we'll go from there.
Our preferred credit report provider is IdentityIQ.com. Their 3-bureau reports are the easiest to read and review I've ever seen. We created software that integrates with HTML reports from this site, which means it saves me about 2 hours per file, and means that we can get a Funding Estimate done faster and also process the applications faster.
People can download the HTML file by clicking the blue Download This Report button, located just to the top and right of their credit report, inside the IdentityIQ.com website itself. See attached for an image example.
They don't normally do any starter trials, but we worked out a special deal with them where people can get a 7-day trial for $1 if they use this link: https://www.identityiq.com/securemax...rcode=431136EV
BAILEY BLASDEL
Business Finance Consultant
Midwest Corporate Credit
(630) 974-5507
(630) 281-5915
Bailey@midwestcorporatecredit.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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11-14-2023, 02:18 PM #8
- Join Date
- Sep 2023
- Posts
- 2
deja@alpineadvance.net
Funding all states, all industries, including high risk.
dailies and weekly available.
email me!
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11-14-2023, 05:59 PM #9
everyone who responded besides instafund is full of ****
CEO
James G. Exarchou
James@click-n-loans.com
561-525-5497
https://click-n-loans.com/
https://www.linkedin.com/in/jamesgexarchou
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12-11-2023, 01:24 PM #10
funding trucking min 200k dep
Overnight Capital
(929) 665-3993
jacob@overnight-capital.com
http://www.overnight-capital.com
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12-11-2023, 02:19 PM #11
We do it.
100k, minimum of 3 trucks listed on Safer. Shoot me an email if you'd like us to take a look!--
Zohar Avshalom
263 Tresser Blvd, 9th Floor, Stamford, CT 06901
ISO Relations
American Choice Capital
917-267-9182
Zohar@americanchoicecapital.com
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