Results 1 to 7 of 7
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01-07-2016, 09:01 PM #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.
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01-07-2016, 10:28 PM #2
- Join Date
- Oct 2015
- Location
- CA
- Posts
- 63
Sent you a private message.
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01-08-2016, 07:22 AM #3
- Join Date
- Apr 2015
- Location
- Louisiana
- Posts
- 299
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.
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01-08-2016, 08:14 AM #4
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
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
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01-08-2016, 08:59 AM #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
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01-08-2016, 10:22 AM #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
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01-11-2016, 12:43 PM #7
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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