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07-14-2016, 11:45 AM #1
- Join Date
- Feb 2016
- Posts
- 15
Trucking company looking for consolidation
I have a trucking company that needs to consolidate 3 advances. Currently paying out $1595 / day between max advance, quarterspot and quickfix with a total balance around 180k. Merchant also has bluevine in there. Merchant is averaging 140k / month and has been open for 2 years, zero negative days and fico is at 670.
Dealstruck declined due to industry and funding circle declined because the business opened in 2014 so it does not have 2 full years in business. Tax returns and profits were not great in 2015, 2016 is when the revenues really started picking up. And no he does not have real estate to put up.
Direct lenders only, please PM if you can help.
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