Trucking Consolidation Deal depositing 1 million a month
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  1. 02-19-2016, 05:13 PM #1
    WayUp
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    Trucking Consolidation Deal depositing 1 million a month

    I am looking for a lender who would be willing to fund a trucking company that has seven positions. Two positions will be paid off in a week. The current balance is around 220k. The client is depositing about a million a month. He wants to pay off his balances and net additonal 100k plus. The client has offers but is looking for weekly payments. No real estate.. Any Takers?
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  2. 02-19-2016, 05:19 PM #2
    MCA UW
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    How many trucks does he have? PM your contact info or any additional details. We may be able to do something.
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  3. 02-19-2016, 05:38 PM #3
    dailyPLUNDR
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    pm sent.
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  4. 02-19-2016, 05:50 PM #4
    michaelh
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    Does he own any trucks or trailers that are not financed? If he does I have 4 options and if his credit is over 680 he can refinance everything with an SBA loan.
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  5. 02-19-2016, 05:54 PM #5
    bdshaw
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    Trucking Consolidation Deal depositing 1 million a month

    Is this the deal that you called me about today?
    Bob
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  6. 02-19-2016, 05:55 PM #6
    FCF Fund
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    Is this merchant in California and go by the name a of a certain mythological creature??? If so PM me I know all about this guy...
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  7. 02-19-2016, 06:37 PM #7
    rick_clsfunding
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    You should reach out to Dan Page - Sounds right up his alley.

    Dan Page
    dan@fundingstrategypartners.com
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  8. 02-19-2016, 07:00 PM #8
    RichardGerard
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    Lots of long term choices out there for something of this size. How do the EBITDA #'s look? At $12M there might several Senior Debt and/or Junior Debt options AT INTEREST RATES LESS THAN 10%..

    Terms MUCH LONGER than the 18 month maximum for the people recommended on this thread. All about the data..

    While the revenue is huge for the Cash Advance space it is a small to mid size business. Would be happy to assist if you would like some help..

    Richard 516 510 3855

    www.businesscapitalconsultants.com

    775 Park Avenue Suite 255
    Huntington, NY 11743
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  9. 02-19-2016, 07:01 PM #9
    dpFund
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    Quote Originally Posted by rick_clsfunding View Post
    You should reach out to Dan Page - Sounds right up his alley.

    Dan Page
    dan@fundingstrategypartners.com
    Thanks Rick :-)

    WayUp- Feel free to reach out. I have consolidated/cash out a number of trucking companies like what you are describing.

    Feel free to reach out by email and we can continue there.

    That stated, FCF Fund has me wondering about the CA mythological creature company. :-)

    Best,

    Dan Page
    dan@fundingstrategypartners.com
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