Need a deal for more than 250k, no ucc, decent pricing
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  1. #1

    Need a deal for more than 250k, no ucc, decent pricing

    A+ merchant, 2mil/month easy, transportation company. Only have 100-150k approvals right now, need the funding amount bumped. In the middle of being underwritten for equipment leasing contract and cannot have a ucc filed.

  2. #2
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    Sent you a private message.

  3. #3
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    Need a deal for more than 250k, no ucc, decent pricing

    you may want to actually provide more details than just A+ merchant (and that's loosely defined) Transportation is tricky, $2MM a month gross has no bearing on what his average ending daily is since the profit margins on transportation are thin. Several lenders on this forum do transportation, but more details on your request are certainly in order. There's a reason your only getting $100-$150k offers.

  4. #4
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    Need a deal for more than 250k, no ucc, decent pricing

    I don't understand why a Lessor would care about a lien being filed since that would not affect their lien on their equipment. Is this a case of the lessor requiring no addtional debt?
    We recently had a similar situation and recapitalized the entire company with a single Asset Based Loan for roughly $4.0 million. The referring broker made $40,000.
    Bob Shaw
    734-929-3800
    rshaw@advancecredit.com

  5. #5
    We should be able to get it done, contact us for an offer today.
    Wall Funding ISO Team
    646-979-2161
    partners@wallfunding.com
    http://wallfunding.com/
    30 Broad St, New York, NY, 10004

  6. #6
    Quarterspot doesn't file a UCC but I don't think they would go over a quarter million. Kalamata will entertain the amount and give a tremendous rate but I think they still file UCCs
    Michael Jagiello
    Director of Client Acquisitions
    Blue Granite Funding LLC
    mjagiello@bluegranitefunding.com
    1(718)873-6407 Cell
    1(917)791-8911 Fax

  7. #7
    Senior Member Reputation points: 32658 Zach's Avatar
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    National Funding only files UCC's above $150K I believe... plus they understand the transportation industry (they came from the equipment leasing space).
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

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