Trucking CO with existing MCA - Suggestions?

**MoneyMason** · 03-23-2016, 05:10 PM

Trucking Company
$172,000 Annual Revenue
$10,400 reported in net profit
Over $15,000 deposited monthly
NO NSFs

Has an existing MCA with $12k Balance

Not CURRENTLY interested in using real estate to secure.

**FUNd** · 03-23-2016, 05:14 PM

Originally Posted by MoneyMason

Trucking Company
$172,000 Annual Revenue
$10,400 reported in net profit
Over $15,000 deposited monthly
NO NSFs

Has an existing MCA with $12k Balance

Not CURRENTLY interested in using real estate to secure.

I suggest: move on to the next file.

**nrh1lp** · 03-23-2016, 05:15 PM

pm'd you

**VFG** · 03-23-2016, 05:28 PM

Zach where are you???? I'll post for him.

WBL can get this done for you!

**VFG** · 03-23-2016, 05:29 PM

Missed the NOT interested in real estate part. My bad!

**MoneyMason** · 03-23-2016, 05:29 PM

Originally Posted by FUNd

I suggest: move on to the next file.

Okay Captain Ahab :-D

**MoneyMason** · 03-23-2016, 05:31 PM

Originally Posted by VFG

Missed the NOT interested in real estate part. My bad!

Still waiting on ISO approval there.

I emphasized currently because I haven't heard the idea pitched by a pro.

**FUNd** · 03-23-2016, 05:38 PM

Originally Posted by MoneyMason

Okay Captain Ahab :-D

Totally serious. You think someone is going to loan a trucker with a 12K balance that only does 15K a month, more money? President/Founder...give me a break..

**VFG** · 03-23-2016, 05:48 PM

Your best bet is to factor this client if he isn't already factoring. If so, we have an aggressive factoring program for trucking deals.

**MoneyMason** · 03-23-2016, 10:11 PM

Originally Posted by FUNd

Totally serious. You think someone is going to loan a trucker with a 12K balance that only does 15K a month, more money? President/Founder...give me a break..

Read much? I was giving you a compliment, whale hunter.

...But if you want to go blows, I look forward to crushing you like I did similar twerps in payday.

Lead gen company looking for a process that begins with a funding desire, but it ends with a client's trust and money in my pocket. Every business could use something to improve their chances of survival, even if its not funding.

Stop thinking so closed minded you fund-tard

**MoneyMason** · 03-23-2016, 10:11 PM

He does have a slow AR

**Zach** · 03-24-2016, 10:44 AM

LoanMe might be a good fit. They do large loan sizes if the client has decent credit. Pearl/Mantis/Everest/Yellowstone might be able to throw a small offer together as well, but it will be a tough one.

Of course, we can always try to pitch the client on using the unused, inefficient equity in his real estate. Let me know if you want me or my team to take a stab at it.

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