Results 1 to 3 of 3
-
07-12-2024, 12:49 PM #1
- Join Date
- Jan 2019
- Posts
- 30
COLLATERAL - Lenders That would Fund on Truck Collateral
Who would be a good fit to fund a trucking deal that is willing to put up 1 or 2 of his trucks as collateral.
TIB: 2+ years
Credit: 620
Monthly Rev: avg $15k-20k
Truck 1:
HINO
Mileage $250k
Year: 2011
Truck 2:
Freightliner
Mileage: 400k
Year 2003
-
07-12-2024, 01:09 PM #2
- Join Date
- Jul 2014
- Location
- Jackson Hole Wy
- Posts
- 730
-
07-12-2024, 01:10 PM #3
Too old....should be 2015 or later...
Not enough revenue.
But you can send Tony a loan app, 4 months business bank statements, VIN pics, pics and odometer pics.
And condition report.
https://drive.google.com/file/d/1OKg...ew?usp=sharing
Tony Borchello
First Financial
(888) 211-2197
mobile: (949) 800-5767
tonyb@firstfinancialweb.com
Dakota is like a equipment MCA.Last edited by Olderguy; 07-12-2024 at 04:51 PM.
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.
Similar Threads
-
Who will fund this deal with collateral(Direct Lenders Only)
By gcfandrew in forum Deal BinReplies: 6Last Post: 03-05-2020, 10:32 AM -
Truck as collateral
By Wmateo in forum Deal BinReplies: 1Last Post: 06-05-2018, 01:50 PM -
Truck owned Free and clear as collateral - Only need 20-30 K
By showtime73 in forum Deal BinReplies: 4Last Post: 02-13-2018, 01:54 PM -
Merchant willing to use 40k truck that he owns as collateral needs 25k has 3 position
By showtime73 in forum Merchant Cash AdvanceReplies: 3Last Post: 01-15-2018, 06:43 PM -
Truck as collateral in need of 30k
By showtime73 in forum Deal BinReplies: 2Last Post: 01-10-2018, 05:38 PM