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02-25-2016, 12:56 PM #1
Trucking Companies
I am currently working with a ton of single owner operators in the transportation industry. I know a lot of lenders have restrictions on truckers...so who is most lenient with them?
Any help would be much appreciated.
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02-25-2016, 01:11 PM #2
We can get those done for you, as long as they meet our minimum banking criteria.
$15k in monthly deposits, at least 8 total deposits, and 6 or less days with $1,000 or less in ending balances.Wall Funding ISO Team
646-979-2161
partners@wallfunding.com
http://wallfunding.com/
30 Broad St, New York, NY, 10004
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02-25-2016, 01:40 PM #3
To be clear these are single owner operator truckers. One driver...maybe 1 or 2 trucks at most. Avg. annual rev is between $150-200K. Number of deposits can vary. Avg. credit score is between 550-650.
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02-25-2016, 01:56 PM #4
- Join Date
- Dec 2013
- Posts
- 4,713
Cresthill Capital Does fund that space. We would decline when file has trouble staying in positive territory throughout the month alongside low single digit deposits.
Last edited by mcaguru; 02-25-2016 at 02:16 PM.
Marcus 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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02-25-2016, 03:46 PM #5
Marcus,
What if you have single digit deposits but consistent average balances? Is that a workable file for you?
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02-25-2016, 04:37 PM #6
- Join Date
- Sep 2015
- Location
- Miami, FL
- Posts
- 189
Trucking Companies
Marcus,
If they are open to factoring their receivables, we have an aggressive factoring program for the trucking industry. DM me if interested. Good luck!
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02-25-2016, 04:42 PM #7
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02-25-2016, 07:04 PM #8
- Join Date
- Nov 2014
- Posts
- 438
LoanMe can take a look at these as long as they have a business bank account open for at least 60 days. Minimum number of deposits per month must be (1).
LoanMe Business
949-535-7798
Email: Business.Loans@LoanMe.com
www.loanme.com/SBL-partner
1900 S State College Blvd. Suite 300
Anaheim, CA 92806
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02-29-2016, 03:07 PM #9Kaitlyn Miller
ISO Coordinator
770-617-2377
KM@SuperiorCapitalfund.com
http://superiorcapitalfund.com/
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03-01-2016, 12:20 PM #10
- Join Date
- Dec 2015
- Posts
- 13
We can get a deal for you, give us a call or email.
Last edited by jtkamp19; 03-01-2016 at 05:47 PM.
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JT Esterkamp
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