Results 1 to 8 of 8
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02-21-2024, 10:09 AM #1
- Join Date
- Feb 2024
- Posts
- 1
Whos funding trucking?
It seems like everyone says they will fund trucking but it is increasing difficult to fund truckers. Looking to see where or rather with who, people are having success with.
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02-21-2024, 10:21 AM #2
- Join Date
- Jul 2022
- Posts
- 4
Mainly CFG since most other lenders have really tightened up their criteria for the industry.
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02-21-2024, 10:31 AM #3
Do the need working capital for operations or money for equpment financing...that will determine lenders.
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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02-21-2024, 10:44 AM #4
- Join Date
- Feb 2024
- Posts
- 29
We fund trucking with good rev!
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02-21-2024, 10:59 AM #5
- Join Date
- Nov 2019
- Posts
- 685
I am still funding trucking as long as they have at least three trucks on the road and strong ending daily balances. Our term goes 6-9 months depending on each file and we cap at 20k on the first few deals at least. Our first position renewals work kind of like a loc with true add ons that extend the term out longer.
Scott Platto
scott@tmrnow.com
tmrnow.com
212-220-9872
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02-21-2024, 11:05 AM #6
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02-21-2024, 11:09 AM #7
- Join Date
- Dec 2023
- Posts
- 21
We can help if you are still looking for an offer for this merchant.
Jacquelline Bogdanov
ISO Relations, Uptop Finance
E: jacquelline@uptopfinance.com
C: 929-265-5706
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02-21-2024, 11:39 AM #8
- Join Date
- Jan 2020
- Location
- Brooklyn, New York
- Posts
- 125
Lending Valley is still funding trucking. We require a minimum of $100k gross along with 4 drivers, 4 power units, and no home based trucking. Let's touch base and see what we can do together
Clark Sica
Business Development Manager
Lending Valley, Inc.
Office Line: 347-478-5161
Mobile Line:347-536-0528
Fax: 1-888-850-1971
www.LendingValley.com
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