Results 1 to 4 of 4
-
Today, 12:26 PM #1Member
Reputation points: 265
- Join Date
- May 2024
- Posts
- 28
Equipment Financing
Does anyone know of a lender who does equipment financing with no min credit requirement for food trucks?
Merchant wants to buy a 25k food truck/trailer. Has a 547 credit score.
-
Today, 12:36 PM #2Senior Member
Reputation points: 78889
- Join Date
- Sep 2021
- Location
- Irvine, CA
- Posts
- 2,337
Tony may be able to help but first question is can you get a co signer.
I've done 100% financing of a truck with a 585 Fico.
But 547 Fico would probably require money down.
Can your client cross collateralize anything and find a co signer?
Tony Borchello
First Financial
(888) 211-2197
mobile: (949) 800-5767
tonyb@firstfinancialweb.comSteve 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.
-
Today, 12:40 PM #3Member
Reputation points: 265
- Join Date
- May 2024
- Posts
- 28
Looking to just find a lender who will do it. My equipment lender only does freight and yellow iron. Was looking at Pawnee and Financial Pacific for this. Not sure too much about them
-
Today, 03:40 PM #4Senior Member
Reputation points: 78889
- Join Date
- Sep 2021
- Location
- Irvine, CA
- Posts
- 2,337
Tony can do a food truck.
Tony Borchello
First Financial
(888) 211-2197
mobile: (949) 800-5767
tonyb@firstfinancialweb.comSteve 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.
Reply With Quote
Similar Threads
-
equipment financing
By ryan1046 in forum Deal BinReplies: 4Last Post: 08-20-2021, 09:03 AM -
Equipment Broker School is now OPEN! Online training course for Equipment Financing
By jfeinberg in forum Merchant Cash AdvanceReplies: 0Last Post: 08-01-2019, 10:56 AM -
Need Equipment Financing! Financing Has to Happen FAST! $270,000
By Fundyman in forum Deal BinReplies: 2Last Post: 01-24-2016, 09:41 PM -
Small Equipment Financing 40K Purchase & Collateral against equipment
By Fundyman in forum All Other LendingReplies: 1Last Post: 05-27-2015, 09:19 AM -
Equipment Financing For Used and New Equipment, Collateral Loans, Cash Adavances
By marksbury in forum Business LoansReplies: 0Last Post: 04-04-2014, 05:34 PM
