Low Rev Trucking Reverse
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  1. #1

    Low Rev Trucking Reverse

    We have a trucking deal that has 2 positions 1 from Vader and one from East shore. Looking for options on the deal.
    Merchant is willing to Collateralize his trucks.

    Vader is 45% paid in
    East Shore is 31% paid in

    TIB 2+ years
    Rev avg $20k

  2. #2
    Senior Member Reputation points: 3493
    Join Date
    Aug 2021
    Posts
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    Quote Originally Posted by Kash View Post
    We have a trucking deal that has 2 positions 1 from Vader and one from East shore. Looking for options on the deal.
    Merchant is willing to Collateralize his trucks.

    Vader is 45% paid in
    East Shore is 31% paid in

    TIB 2+ years
    Rev avg $20k
    just refi with vader lol in a couple days

  3. #3
    Senior Member Reputation points: 78889 Olderguy's Avatar
    Join Date
    Sep 2021
    Location
    Irvine, CA
    Posts
    2,337

    Cash out refi on the trucks and get rid of the MCA's.

    I just need loan app
    bank statements 4 months
    condition report on trucks
    title, pictures of vin and of trucks

    https://drive.google.com/file/d/1OKg...ew?usp=sharing
    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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