Results 1 to 8 of 8
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06-08-2016, 01:09 PM #1
Reputation points: 10
- Join Date
- Nov 2015
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- 2
Need Lender to handle trucking/logistics with lower volumes 10k+
We're getting a lot of traction in the trucking/logistics/transportation niche but need a direct lender who can fund those types of companies (especially in california) with lower volumes like in the area of 10k or higher per month.
For example we have one that did 12 in march, 14 in april and 18 in may and is looking for 10k. Has no current advances. Really needs to be a D paper lender, this one in particular had 7 negative days in April.
Who will work on these types we'll be submitting about 5-7 apps per week.
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06-08-2016, 01:23 PM #2
Reputation points: 338677
- Join Date
- Mar 2015
- Location
- Boynton Beach
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- 3,485
Hi,
Much too small for us. Let me know if you bump into a company doing in excess of $150,000/month in commercial invoices.
Best,
KevinKevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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06-08-2016, 05:45 PM #3
Reputation points: 54989
- Join Date
- Dec 2013
- Posts
- 4,713
Cresthill Capital currently has one of the LARGEST portfolio's of Trucking / Transportation Companies...
* We make offers in 3 HOURS !
* Funds Hours after contracts back with FEWEST STIPS!
* Double Digit Commissions !!
* NO COJ's on majority of funded deals.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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06-10-2016, 12:00 PM #4
Reputation points: 4530
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
We can handle deals that small. The negative days are not as great a factor when the receivables are used as collateral.
Why not offer a program that will grow with their business to where he can use advances for specific purposes not general working capital.
Bob Shaw
734.929.3800
rshaw@advancecredit.com
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06-10-2016, 01:42 PM #5
Reputation points: 64
- Join Date
- Jul 2014
- Posts
- 196
Need Lender to handle trucking/logistics with lower volumes 10k+
We can handle trucking and small deals like this. Contact me if assistance is needed.
Mike@samsonpartnersllc.com
347-492-1801
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06-10-2016, 02:59 PM #6
Reputation points: 54989
- Join Date
- Dec 2013
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mike at samson can handle anything that comes his way! i hear from many in our space !
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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06-21-2016, 02:10 PM #7
Reputation points: 10
- Join Date
- Jan 2015
- Posts
- 9
Why not set up factoring?
let me know
-Steve
Freight Factoring Specialists, LLC
813-773-4000x102
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06-21-2016, 02:21 PM #8
Reputation points: 2697
- Join Date
- Sep 2015
- Location
- Miami, FL
- Posts
- 189
Need Lender to handle trucking/logistics with lower volumes 10k+
Your best bet is to set them up for factoring first and then work out an MCA down the line if needed. Most trucking companies with revenues under $10K are typically looking for fuel advance (or fuel funding) which most factors in the transportation industry offer. Happy to propose on your deals should they consider factoring.
Good luck!
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