Results 1 to 9 of 9
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08-11-2015, 06:04 PM #1
- Join Date
- Dec 2013
- Posts
- 8
300K/month 2nd position (FC) Trucking
Here's the deal:
Trucking company (IL)
300K monthly
Clean Credit (home owner, mortgage)
Clean banks - average daily balance 80K (lowest - 50K in winter months), no negatives/nsf's
1st Loan - Funding Circle monthly
2nd position - Quarterspot (1 year, 100K balance, $735/day) + EBF (6 months, 100K balance, $1295/day)
They are looking to get rid of the Qs+EBF and set up for a year+ term. Need to pay off about $200K in between those two.
Can anyone do the above or recommend a good placing for these guys?
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08-11-2015, 06:09 PM #2
- Join Date
- Aug 2015
- Posts
- 22
im interested in your deal can you pm me
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08-11-2015, 06:13 PM #3
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
300K/month 2nd position (FC) Trucking
Why not consider getting them a line of credit using their accounts receivable as collateral.
Advance Credit Fundong Corporation pays the highest commissions in the factoring space, up to 25%.
Bob Shaw
Rshaw@advancecredit.com
734.929.3800
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08-11-2015, 07:21 PM #4
- Join Date
- Jul 2015
- Posts
- 12
I can help you out feel free to give me a call or email me.
714-768-1559/ jhawkins@swiftcashadvances.com
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08-11-2015, 08:10 PM #5
- Join Date
- Jun 2015
- Posts
- 13
Im Chris Wiseman Im the only guy in town who consolidates multiple positions and the client doesn't have to even net any money also. We love trucking companies. Call me my mobile 9176575503. FYI IM POWER UP LENDING
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08-11-2015, 08:11 PM #6
- Join Date
- Jun 2015
- Posts
- 13
IM a DIRECT LENDER ASK THE REST HOW MUCH THEY FUNDED LOL I KNOW WHAT WE DO!!!!!
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08-12-2015, 01:10 PM #7
I could definitely take a look, shoot me an email.
Michael Jagiello
Director of Client Acquisitions
Blue Granite Funding LLC
mjagiello@bluegranitefunding.com
1(718)873-6407 Cell
1(917)791-8911 Fax
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08-12-2015, 01:59 PM #8
If we secure the real estate he owns, we can absolutely do this. Depending on the equity, we can provide up to 900K (3X their monthly revenue).
We may also be able to use his trucks for collateral, in case he is sensitive about pledging his property.
Give me a call if you'd like to discuss.Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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08-18-2015, 06:18 PM #9
- Join Date
- Dec 2013
- Posts
- 8
A brief update on this one:
- Right now they are set up with Bibby factoring
- They do own trucks at about 100K value, the rest of the trucks are still on the lease-to-buy
They don't want to involve the personal real estate.
Right now we got a generous offer of 30K (guys pretended they can cover all of it) which by no means cuts it. Can anyone really do this or recommend someone able to?
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