$400k+ Needed for Trucking Company
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  1. #1

    $400k+ Needed for Trucking Company

    Any direct lenders that can fund this we have everything ready to go.....

    Average Monthly Deposits $1.25 Million
    $400k Cash Reserves
    Has two other working capital loans they will be paying off for about $200k

    email for quickest response

    Gilbadillo@gmail.com

  2. #2
    Senior Member Reputation points: 7360
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    Just sent you an email.

    I am a direct lender and consolidate/fund a lot of trucking companies.

    Best,

    Dan Page
    dan@fundingstrategypartners.com

  3. #3
    I am a direct lender and can do this loan also.

    elevine@ezbizcap.com

  4. #4
    I can get the deal done for you. You can contact me at elevine@ezbizcap.com

  5. #5
    Senior Member Reputation points: 68233
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    Alleging there isn't a first position UCC in addition to the 200k mentioned, the question isn't whether it can be done but rather what is the right credit facility for the client.

    $14M plus annually and 400k cash reserves creates several options. What is the Capital for? Expansion? New Contracts?

    If the client has a growth plan and a strong management team (with realistic projections) a program can be designed based on the firms valuation, revenue, WITHOUT taking a UCC..

    Touch base if you would like to work on a multi tiered commission with high revenue/EBITDA profitability firms.

    Richard 516 510 3855

    www.businesscapitalconsultants.com

    775 Park Avenue Suite 255
    Huntington, NY 11743

  6. #6
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    $400k+ Needed for Trucking Company

    I agree with Richard's analysis.
    We may be more helpful with just a bit more information.
    What other debt does. the company have, what will the money be used for and will they need additional funds within the next year?
    The company may benefit from replacing all the debt they have.
    I would generally exclude the trucks because financing available through the dealers is generally inexpensive.
    Bob Shaw
    rshaw@advancecredit.com
    734-928-3800

  7. #7
    Member Reputation points: 817 Jplummer's Avatar
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    We are a direct lender that specializes in the transportation space. Give me a call or email me and we can discuss. Our rates are usually good for the b-c space.

    Thanks,

    Jim Plummer
    317-845-8768
    jplummer@qualityleasingco.com

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