Results 1 to 8 of 8
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12-07-2015, 02:32 PM #1
- Join Date
- Aug 2015
- Location
- New York
- Posts
- 15
Lender for Trucking Deal
Industry = Trucking
FICO= 550-600
Advances = 3 balance total btwn EBF, WG, LG 25-30K
Problem with this deal is last year revenue is only 200K, Last 5 months show the following deposits. Not the greatest margin, ending balance around 3-5K. Looking to consolidate and net.
80K July
120K August
250K September
480K October
720K November
Had signed contracts for 1st pos. declined after they saw they only made 200K in 2014.
EDIT: Merchant has relatively low daily balance which is main reason why deal is hard to place.
ThanksLast edited by HonestPerson; 12-07-2015 at 10:36 PM.
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12-07-2015, 02:41 PM #2
- Join Date
- Jul 2015
- Posts
- 120
sent you a private message
Brent Goggins
Business Credit Consultants
ISO Relations Manager
Direct: 518-776-7501
Email: BrentG@bccusa.com
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12-07-2015, 02:54 PM #3
- Join Date
- Feb 2014
- Location
- Florida
- Posts
- 266
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12-07-2015, 02:57 PM #4
We can absolutely work with the deposits and credit. If they have real estate (land, commercial, residential, or a combination) which can be pledged as collateral then I'd definitely like to learn more and weigh out some options. Let me know if I can help, 201-210-8552 or paul@oracleloans.com
Last edited by pmoney; 02-08-2016 at 10:56 AM.
Paul Marzolla
CEO @ GreenBridge Loans
______________________________________________
Main: (800) 677-5771
Email: paul@greenbridgeloans.com
Connect with me on LinkedIn
Click to download our Partner Agreement
______________________________________________
GreenBridge Loans
221 River St, 9th Fl
Hoboken, NJ 07030
www.greenbridgeloans.com
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12-07-2015, 05:00 PM #5
Lender for Trucking Deal
Wall, Smart Business, Credibly, Fox Funding, Lendini
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12-07-2015, 05:35 PM #6
- Join Date
- Dec 2013
- Posts
- 4,713
All the above groups can help get a deal like that done!!
If your still having trouble then reach-out to Cresthill Capital since we probably have one of the largest funding portfolios in the Trucking/Transportation space.
Sign-up
bizdev@cresthillcapital.comMarcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
覧覧覧覧覧覧覧覧覧覧覧覧覧
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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12-09-2015, 06:09 PM #7Kaitlyn Miller
ISO Coordinator
770-617-2377
KM@SuperiorCapitalfund.com
http://superiorcapitalfund.com/
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12-09-2015, 08:30 PM #8
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
Lender for Trucking Deal
Hi....regardless of how you make out with the advance you might also consider our factoring program. Trucking is one of our most successful portfolios.
Bob Shaw
734-929-3800
rshaw@millenniumfundingysa.com
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