Trucking/Transportation
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  1. #1

    Trucking/Transportation

    Any suggestions/advice on what lenders are best bets for trucking companies

  2. #2
    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.

  3. #3

    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.

  4. #4

    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

  5. #5
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    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#iso
    Last edited by mcaguru; 05-08-2015 at 01:41 PM.

  6. #6
    Senior Member Reputation points: 1422
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    I've had good success with Rapid and GoldenPear. I believe GBR & Core will pretty actively take these deals.

  7. #7
    Senior Member Reputation points: 5016 @jeannette's Avatar
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    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

  8. #8
    Member Reputation points: 19 thudson's Avatar
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    The Business Backer will gladly take a look as well. Give me a call if you would like to talk specifics.
    Ty Hudson
    Director of ISO Relations
    The Business Backer
    thudson@businessbacker.com
    678-209-1365

  9. #9
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    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

  10. #10
    Quote Originally Posted by getlikwid247 View Post
    Any suggestions/advice on what lenders are best bets for trucking companies
    If they're looking to purchase trucks or trailers don't put them into an advance message me and we can talk about some equipment financing

  11. #11
    Senior Member Reputation points: 14
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    shoot me an email nathaniel@instafundllc.com

  12. #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

  13. #13
    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

  14. #14
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    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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