Trucking Companies
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  1. #1

    Trucking Companies

    What lenders fund trucking companies? Most of our merchants are home based and are doing 10-20k per month.

  2. #2
    Senior Member Reputation points: 32658 Zach's Avatar
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    Trucking Companies

    National funding and Quickbridge came from the equipment leasing space, so they understand trucking deals very well. Plus, national pays 20 points and funds super fast.
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

  3. #3
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    Way too small for us. Our starting point for companies in the industry is invoices in excess of $150,000/month.
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

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    I am a direct lender and we fund truckers. Just funded one last week for $$230k and another on the books to fund before Christmas for $600k. But to Kevin's point (above), $10k - $20k per month would be too small for me also. :-( I'd like to see clients doing at least $80k monthly.

    Let me know if I can advise in some fashion.

    Best,

    Dan Page
    dan@fundingstrategypartners.com

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    Quote Originally Posted by AidanQS View Post
    What lenders fund trucking companies? Most of our merchants are home based and are doing 10-20k per month.
    Check out BW Transportation and Capital. Speak with Larry or Bernard. bwhitley@bwtsonline.com lwyluda@premium2000.com

  6. #6
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    Trucking Companies

    We do these types of deals in the trucking industry. Non-recourse up to 97% advance and up to 40% advance for fuel. Good luck!

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