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07-16-2024, 12:26 PM #1
- Join Date
- May 2024
- Posts
- 29
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.
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07-16-2024, 12:36 PM #2
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.
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07-16-2024, 12:40 PM #3
- Join Date
- May 2024
- Posts
- 29
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
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07-16-2024, 03:40 PM #4
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.
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