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05-07-2015, 07:39 PM #1
- Join Date
- Sep 2014
- Posts
- 30
Trucking/Transportation
Any suggestions/advice on what lenders are best bets for trucking companies
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05-07-2015, 09:05 PM #2
- Join Date
- Nov 2014
- Posts
- 266
Lot's of MCA companies fund that space. Let's talk numbers! If you're going to present something then give us the whole picture.
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05-07-2015, 09:31 PM #3
- Join Date
- Sep 2014
- Posts
- 30
Trucking/Transportation
A lot of lenders do not like this industry, some do. I was really just curious as to what lenders may consider Trucking deals as I have come across many of them in the last month. Wasn't necessarily referring to a specific deal.
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05-07-2015, 10:03 PM #4
- Join Date
- Jun 2013
- Posts
- 195
Trucking/Transportation
If they own any of their trucks free and clear, we can make an offer based on their cash flow, and equity in the free and clear trucks.
Email me at cpepe@wbl.com
Chris Pepe
Vice President
World Business Lenders
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05-08-2015, 11:21 AM #5
- Join Date
- Dec 2013
- Posts
- 4,713
WBL for collateral of course!!!
Otherwise Cresthill Capital is very aggressive with funding Trucking/Transportation! we know that space VERY well...We now added some additional Underwriters and pay "Double Digit Commissions" and will drop 200K for a transportation deal with ease as a 30K deal.
Sign Up Link:
http://cresthillcapital.com/index.html#isoLast edited by mcaguru; 05-08-2015 at 01:41 PM.
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05-08-2015, 12:27 PM #6
- Join Date
- Dec 2013
- Location
- Connecticut
- Posts
- 332
I've had good success with Rapid and GoldenPear. I believe GBR & Core will pretty actively take these deals.
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05-08-2015, 01:18 PM #7
Retail Capital will fund Trucking/Transportation. If you are not currently signed up with us, you can contact me at jmcgraw@retailcapital.com
Jeannette Nearing | Business Development Officer| AmeriFactors
| M (770) 362-2307
jnearing@amerifactors.com |
http://www.amerifactors.com
https://www.linkedin.com/in/jeannettenearing
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05-12-2015, 02:40 PM #8
The Business Backer will gladly take a look as well. Give me a call if you would like to talk specifics.
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05-12-2015, 03:00 PM #9
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
Trucking/Transportation
many freight deals are better suited to factoring and in the long run you would earn more money for yourself.
if your interested please give me your contact information
Bob Shaw
7349283800
rshaw@advancecredit.com
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05-13-2015, 02:05 PM #10
- Join Date
- Mar 2015
- Posts
- 90
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05-13-2015, 03:24 PM #11
- Join Date
- Apr 2015
- Posts
- 188
shoot me an email nathaniel@instafundllc.com
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05-13-2015, 03:32 PM #12
Life Capital funds trucking companies on a case-by case basis. Rates start at a 1.20 for 2nd and 3rd position deals.
Warm regards,
Eddie Soyfer • Account Manager
DIRECT: (347)732-5683 FAX: (917) 979-6432
WEBSITE: www.mylifecapital.com
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05-13-2015, 05:08 PM #13
- Join Date
- Jun 2014
- Posts
- 541
Cooper specializes in Trucking/Logistics firms. We actually just funded our first trucking company in the USVI this past quarter-
Robert S Bloink
EVP of ISO Partnerships
Direct: 313-218-4663
Email: bb@cooperasset.com
Web: www.cooperasset.com
logo-01smaller.jpg
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05-13-2015, 06:24 PM #14
- Join Date
- Dec 2013
- Posts
- 4,713
Cresthill has been funding successfully trucking/transportation especially single Owner/Operators will even take a shot on the low monthly volume and low-low monthly deposits...oh and yes we pay 30% Higher Commissions then many other high risk lenders.
bizdev@cresthillcapital.com
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