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08-28-2023, 02:10 PM #1
Who Still Funds Small Trucker Files?
Hi everyone,
I have a short list of funders for small transportation files (1-2 trucks, factoring in place, rev 20-40k), but not sure if they're still funding these files.
Figured I'd post here to receive up-to-date replys instead of calling each one to check.
Looking for 2nd & 3rd position funders (1st would be nice too).
Sitting on some files, just waiting for offers.....
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08-28-2023, 02:34 PM #2
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Try with Knight Capital, Vader, Bitty, Efinancial
Last edited by FundingGuy; 08-28-2023 at 02:47 PM.
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08-28-2023, 02:40 PM #3
If they have 700+ Fico go for a personal loan.
Dan at BizLoans.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.
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08-28-2023, 03:47 PM #4
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08-28-2023, 04:00 PM #5
Reputation points: 1383
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- 1301 NJ-36, Bldg#2, Ste#5, Hazlet, Nj, 07730
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- 143
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08-28-2023, 04:03 PM #6
Reputation points: 783
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CFG, Westwood, Forward, Fora if its a clean deal
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08-28-2023, 04:30 PM #7
Reputation points: 10476
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If it is a clean deal and has room I will do at least 3 trucks on the road minimum. If it is a first position we work kind of like a line of credit in a way. Feel free to reach out to me to find out more.
Scott Platto
scott@tmrnow.com
tmrnow.com
212-220-987s
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08-30-2023, 04:37 PM #8
We look at trucking deals only if they have more than one truck and one driver listed on DOT
Mike Guiliano
ISO Relations Manager
(786) 629-5771
3111 N University Blvd Suite 604
Coral Springs, FL
michael@cornerstonefundingllc.com
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08-31-2023, 10:39 AM #9
Reputation points: 71352
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- Mar 2016
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- 904
We fund a lot of truckers / Transport - feel free to reach out, ill get you in touch with one of our ISO Reps.
Thank you,
Lior Monus
Business Development Manager
CFG Merchant Solutions
Direct: (646) 880-6764
Cell: (516) 319-5826
Fax: (646) 278-7322
Lmonus@cfgms.com
180 Maiden Lane New York, NY 10038
www.cfgmerchantsolutions.com
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08-31-2023, 11:15 AM #10
Reputation points: 6585
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anyone have a contact at knight capital?
Mike
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09-01-2023, 01:56 PM #11
Reputation points: 16113
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- California
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Small truckers with a 700+ FICO?
Yeah right, I have never seen one.
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09-05-2023, 05:04 PM #12
Reputation points: 10
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- Oct 2022
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- 3
I know a guy who funds the smallest trucking and construction deals and only requires 5k/monthly. He will fund it with one truck on the road, doesn't care. FICO doesn't matter either. Boutique funder. Does 1st positions as well. DM if you still need.
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09-05-2023, 05:12 PM #13
Reputation points: 254
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- Aug 2022
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- 14
His default rate must be through the roof
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09-06-2023, 09:37 AM #14Mike Guiliano
ISO Relations Manager
(786) 629-5771
3111 N University Blvd Suite 604
Coral Springs, FL
michael@cornerstonefundingllc.com
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09-06-2023, 11:22 AM #15
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