Need $350,000 Equiptment Loan
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  1. #1

    Need $350,000 Equiptment Loan

    I have a client who owns a tow truck yard in California that needs a $350,000 loan to buy 10 tow trucks and a trailer. My client has a 750 credit score with monthly revenue between $50,000-$60,000 all from city contracts. He purchased this existing company on 4/10/2014. If you can fund this yourself or have a resource that can fund this kindly let me know.

  2. #2
    Senior Member Reputation points: 68233
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    Was the business he purchased profitable in 13 and 14?

    If yes I likely have a way to get this done.. If no, I can still likely get it done..

    Richard 516 510 3855
    rg@businesscapitalconsultants.com

  3. #3

    Need $350,000 Equiptment Loan

    i can get him 2 trucks per 3 months over the next few months if thats something he'd want to look into. give me a call 7182393527. but enough for 10 trucks at once with that monthly income is highly unlikely.

  4. #4
    Funder Brad. Do not use an advance for your tow truck client. We can look at equipment deals over 60 months and pay up to 10 points on them. E-mail me at info@metcapgroup.com

  5. #5
    Administrator Reputation points: 59879 admin's Avatar
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    moved to deal bin

  6. #6
    Member Reputation points: 11
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    I can get him a sweet deal in equipment like that. Call me 646-604-9170 Raul at Merchant Group USA

  7. #7

    Need $350,000 Equiptment Loan

    I have the perfect company for this merchant if you still need help.

  8. #8
    Banned Reputation points: 4530
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    Ann Arbor, Michigan
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    This sounds like a straight forward combination lease/factoring deal.
    Why can't the truck dealer arrange financing?
    Bob Shaw 734.929.3800

  9. #9
    I have done many equipment deals, give me a call to discuss, 636 627 9498
    Brandon Seger



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