Results 1 to 7 of 7
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01-31-2024, 11:05 AM #1
- Join Date
- May 2022
- Posts
- 22
Trucking Company seeking MCA Low daily balances
Trucking company 5 years TIB seeking funding upwards of $50k
FICO 720
Monthly Deposits
OCT $22,000
Nov $40,000
Dec $58,000
Had a couple of low daily balances.
If you can fund please reach out directly
kburton@capitalcityfunding.biz
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01-31-2024, 11:13 AM #2
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,508
With 5 minutes 15 people with zero money will comment on how they can "help you". Some will be dumb enough to comment on your post twice without realizing they already commented.
Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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01-31-2024, 11:21 AM #3
When looking for a MCA for a trucker, always ask if they have any trucks free and clear...can get money in a week on those and much better terms than a trucker MCA. If 660 or better Fico, personal loan using personal tax return. And Heloc is possible if own a home. All much better options.
Conditon report link:
https://drive.google.com/file/d/1FgF...ew?usp=sharing
Any file you submit after the 15th of the month will need a MTD bank statement or screen print.Last edited by Olderguy; 01-31-2024 at 11:24 AM.
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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01-31-2024, 11:29 AM #4
- Join Date
- Mar 2020
- Posts
- 133
Is this a serious request? A heavily restricted industry averaging about 40k/month with a recent month 50% below typical rev on top of all this low balances and you're asking if someone will do 50+?
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01-31-2024, 11:39 AM #5Steve 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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02-02-2024, 12:18 AM #6
In this instance, merchant wanted $50,000 to buy a truck. Discovery should be part of every opener's toolkit.
How much money do you need? $50,000
And what's the use of funds? I want to buy a truck.
It's equipment financing, not a MCA deal.Last edited by Olderguy; 02-02-2024 at 12:51 AM.
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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02-06-2024, 05:18 PM #7
- Join Date
- Dec 2023
- Posts
- 29
Give us a shot!, sounds like something we can do, will pay 12 points on the deal, send the sub to nick@pinnacleadvances.com
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