1st Pos Trucking/Construction $100K+ Rev
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  1. #1

    1st Pos Trucking/Construction $100K+ Rev

    I have several files in this box that need a home, including some with lower credit profiles.

    Does anyone typically fund these types of cases?
    It would be great to add to our list of lenders.

    Additionally, if anyone funds VA loans, we have a few of those as well.

    Please comment below if you can assist with any of these files.

  2. #2
    Senior Member Reputation points: 10961
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    we are funding 1st position truck, is the credit sub 500?
    we do not fund defaults
    Mike
    Chief Motherfunder In Charger
    Foretrust Funding
    Michael@foretrust-funding.com
    www.foretrust-funding.com
    Direct Funder

  3. #3
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    Quote Originally Posted by Fundthis! View Post
    we are funding 1st position truck, is the credit sub 500?
    we do not fund defaults
    Can you send courts you're in? How does one know you're a motherfunder?

  4. #4
    Quote Originally Posted by MCABRuno View Post
    I have several files in this box that need a home, including some with lower credit profiles.

    Does anyone typically fund these types of cases?
    It would be great to add to our list of lenders.

    Additionally, if anyone funds VA loans, we have a few of those as well.

    Please comment below if you can assist with any of these files.
    We're willing to take a look at your construction/trucking files, email me at diana@ontapcap.com

    Diana
    diana@ontapcap.com
    929-566-7317

  5. #5
    Quote Originally Posted by Zonefund View Post
    Can you send courts you're in? How does one know you're a motherfunder?
    He funds, and pays. They just take a day or two, but they've funded a good amount of deals for us and paid commissions.

  6. #6
    Senior Member Reputation points: 73821 Olderguy's Avatar
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    Trucking - look at equpment financing if they need money for that.
    A/R factoring if they have A/R aging.
    Asset Based Financing - real estate or equipment free and clear? I can to that with low Fico.
    Anything is better than MCA for this industry as is the reason why it's high risk.
    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.

  7. #7
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    We fund a lot of 1st position truckers and construction files. Feel free to reach out and ill get an ISO Rep get in touch with you.
    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

  8. #8
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    Not gonna go through all of the lenders that do construction but for Trucking - Big Bitty and Forward

  9. #9
    im a direct funder, we do transportation and construction... we also reward certain merchants in those industries with longer than usual terms if they meet certain criteria...email or call me for more info
    TMRNOW | A Total Merchant Resources Company
    Ariel Avalos – Iso Relations Manager
    377 Hoes Lane, Suite 240, Piscataway, NJ 08854
    Phone: 347-814-6152 | Email: Ariel@tmrnow.com | Web: www.tmrnow.com

  10. #10
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    Quote Originally Posted by Mikefunds View Post
    He funds, and pays. They just take a day or two, but they've funded a good amount of deals for us and paid commissions.
    Your name is Mike funds.

    His name is Mike and he funds.

    Can you send courts info if he's funded a good amount of deals he should have a few defaults.

  11. #11
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    Quote Originally Posted by Zonefund View Post
    Can you send courts you're in? How does one know you're a motherfunder?
    again with this? admin received everything, check with him.
    Last edited by Fundthis!; Yesterday at 09:31 AM.
    Mike
    Chief Motherfunder In Charger
    Foretrust Funding
    Michael@foretrust-funding.com
    www.foretrust-funding.com
    Direct Funder

  12. #12
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    Quote Originally Posted by Zonefund View Post
    Your name is Mike funds.

    His name is Mike and he funds.

    Can you send courts info if he's funded a good amount of deals he should have a few defaults.
    OMG two guys that work in the MCA space named Mike.... holy crap what are the odds.
    I never heard anyone else named Mike that works in MCA...lol
    Mike
    Chief Motherfunder In Charger
    Foretrust Funding
    Michael@foretrust-funding.com
    www.foretrust-funding.com
    Direct Funder

  13. #13
    Quote Originally Posted by Fundthis! View Post
    OMG two guys that work in the MCA space named Mike.... holy crap what are the odds.
    I never heard anyone else named Mike that works in MCA...lol
    Lol I'm just a broker if you want to sign up with him it's up to you. I'm just telling you my experience with them. I posted for an auto sales deal on here back in March and he got it done. Funded a pool biz out of florida 100k 28w for me, a few 15-30k trucking deals. He funds and pays, but they charge 8-10 in fees and take a day or two to fund. Besides that solid experience

  14. #14
    Senior Member Reputation points: 4118
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    Lending Valley has always funded trucking and construction files. For construction, we require $75k min rev, no home based construction. Trucking, we require $100k min rev, 4 trucks, 4 drivers, cannot be home based.
    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

  15. #15
    Could pull up maybe 20+ Emails from CFG claiming they are not funding 1st Pos Trucking or Construction

  16. #16
    I fund in CA... we do trucking and construction... 3 trucks min for trucking.... we do home based for both
    TMRNOW | A Total Merchant Resources Company
    Ariel Avalos – Iso Relations Manager
    377 Hoes Lane, Suite 240, Piscataway, NJ 08854
    Phone: 347-814-6152 | Email: Ariel@tmrnow.com | Web: www.tmrnow.com

  17. #17
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    Quote Originally Posted by MCABRuno View Post
    Could pull up maybe 20+ Emails from CFG claiming they are not funding 1st Pos Trucking or Construction
    We do a TON of trucking and construction. Trucking alone consists of about 20-25% of our company wide funding volume and we did 42M last month so that's a lot of truckers... Ide reach out to your rep and see why he/she is rejecting them.
    Last edited by Lmonus; Yesterday at 03:13 PM.
    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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