Trucking company relocated from Canada to Florida exactly a year ago. Owner has over 5 years business experience, but only has been in business for 1 year in the United States. He has no credit history because his SS# is new. However, he can provide Trade Credit References from Canada and couple of equipment lenders based in the USA that helped him, but they do not report on his credit report. He has 3 trucks (two being financed and one placed as additional collateral).

Bank deposits are consistent ($50,000 per months) no NSFs or Negative Balances for the past 6 months and $7,000 Average Daily Balances. The client can put 10% as Security Deposit.

He is buying from a Private Party, not a dealer.

If any of you could help, please reach out to me as soon as possible. (No brokers please).