[dgold]

Who are top 5 MCA companies that specialize in trucking company for 15-18 months terms.

[bdshaw]

Trucking fits very well with a hybrid of both account receivable and unsecured lending.
I would be glad to explain if you have a few moments.
Bob Shaw
Advance Credit Funding Corporation
rshaw@advancecredit.com
7e4-929-3800

[Cfairbank]

Those types of terms are extremely difficult for trucking in short term unsecured lending / cash advance unless they have 20+ trucks or are a logistics company. For many A paper companies, trucking is a restricted industry. For us, trucking is semi-restricted (and we won't go anywhere close to that term unless they are a logistics company) and we require a minimum of 4 trucks.

Funding strategy partners (Dan Page) seems comfortable with trucking but deal must be over 100k and the company profitable -- if approved, his terms (if I remember properly) are 18 months with monthly payments.

Maybe try loan me as they seem willing to find anything, though not sure I'd call them an A player.

But I'd focus on asset-based lenders or equipment leasing for those types of terms. Factoring may also work depending on business model

[dworange]

I work with tons of trucking guys logistics can be risky but if the merchant knows what they are doing it can be a good turn around im going to pm you send some trucking deals i have no problem helping the client for you lets get something going

[Cfairbank]

I work with tons of trucking guys logistics can be risky but if the merchant knows what they are doing it can be a good turn around im going to pm you send some trucking deals i have no problem helping the client for you lets get something going

Agreed, and our logistics point isn't a blanket statement -- we will evaluate the business model on a case by case basis. Trucking is the "semi-restricted" industry that we have the highest number of declines, no doubt about it. We are not actively seeking trucking deals unless they have something more to their business model than just a couple of trucks -- and the services side, especially if it is highly sophisticated, is where we get interested.

[@jeannette]

Credibly will work with Trucking/Logistics companies. This is a restricted industry for us so terms usually do not usually exceed 10-12 months.

[FundingCzar]

Quarterspot and CAN will go 15-18 months on a clean trucking file with good credit.

[Cfairbank]

Quarterspot and CAN will go 15-18 months on a clean trucking file with good credit.

Will they really? What do you need to qualify (e.g. number of trucks, type of service, etc.)? Just curious.

[Michael I]

Will they really? What do you need to qualify (e.g. number of trucks, type of service, etc.)? Just curious.

none . they also do logistics