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  1. #1
    Banned Reputation points: 10
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    Apr 2015
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    21

    NO Tradelines

    I have a merchant that has 680 credit, but no tradelines. Solid Cash flow, doing about 1.5 a year. Looking for 100-150k in working capital. Trucking Industry. Looking for direct lender, no ISO's. Let me know if you can take this file or what lenders dont require tradelines.

    Thanks

  2. #2
    Banned Reputation points: 4530
    Join Date
    Mar 2014
    Location
    Ann Arbor, Michigan
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    1,289

    NO Tradelines

    This may be either a factoring or SBA deal. Please send me your contact information.
    Bob Shaw
    rshaw@advancecredit.com
    734.929.3800

  3. #3
    Senior Member Reputation points: 23702
    Join Date
    Jul 2014
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    1,746

    Quote Originally Posted by zcgdirect View Post
    I have a merchant that has 680 credit, but no tradelines. Solid Cash flow, doing about 1.5 a year. Looking for 100-150k in working capital. Trucking Industry. Looking for direct lender, no ISO's. Let me know if you can take this file or what lenders dont require tradelines.

    Thanks
    How do you get a 680 FICO with no trades? Do you mean no open trades? If that's the case, and they have the flow, the revs, and decent P&L/balance sheet, almost anyone would pick that up for 100K that doesn't restrict trucking. Sounds like a nice file, good luck.

  4. #4
    Senior Member Reputation points: 32658 Zach's Avatar
    Join Date
    Nov 2013
    Posts
    1,733

    If the client is willing to pledge a few trucks or real estate, we can lend up to 2-3X their monthly deposits.
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

  5. #5
    Senior Member Reputation points: 5016 @jeannette's Avatar
    Join Date
    Dec 2012
    Location
    Buford, GA
    Posts
    280

    Credibly will work with Trucking. If you are not signed up with us I can send you over an ISO Agreement and discuss the deal with you.

    Jeannette
    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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