Results 1 to 9 of 9
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08-17-2016, 12:40 PM #1
- Join Date
- Nov 2014
- Posts
- 10
CA Trucking Company
Looking for a place to fund a California trucking company with 2 outstanding positions. The first position is with Knight Capital, with an approximate balance of $10,000. He recently took a second position with Yellowstone for $7,000 paying back approximately $10,000. The merchant would like to pay off both positions and net $10,000. He does about $40,000 in monthly revenue and has a 606 credit score. He owns 2 trucks.
Where lending is FUNDamental!!!!
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08-18-2016, 10:25 AM #2
- Join Date
- Apr 2016
- Posts
- 103
ZoReeves,
Does borrower have Real Estate? We will lend up to 3x deposits with equity pledge on property (commercial / residential / land). Funding in as little as 7-10 business days. For this borrower with Real Estate up to $120,000 based on deposits.
Sean Najieb
Analyst | Senior Financial Specialist
101 Hudson Street, 33rd Floor
Jersey City, NJ 07302
Direct: 212.293.8232
Mobile: 347.495.8088
Fax: 646.417.7031
E-Mail: snajieb@wbl.com
Web: www.wbl.com
http://www.worldbusinesslenders.com/
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08-18-2016, 10:54 AM #3
- Join Date
- Jun 2016
- Posts
- 68
Please give me a call when you get a chance at 646 930 4338. Would like to take a look at this deal. Thanks
Nathan Roth-- direct lender
Empire funding- 1022 Avenue M, Brooklyn NY 11230
Direct (646-930-4338)
email: nathan@empirefunding.com
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08-18-2016, 12:59 PM #4
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
CA Trucking Company
Zo, your client may qualify for the Delancey Hybrid, a combination of an advance and traditional Factoring. If Factoring is available the accounts receivable will pay off the existing advances and new advances can be used for additional working Capital. If both are done under one roof you will keep your client,in compliance with their c9ntracts and removethepossiblity if future legal problems.
Y9u make out both ways.
Bob Shaw
Delancey Funding
734-929-3800
rshaw@delanceyfunding.com
ALT- rshaw@advancecredit.com
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09-01-2016, 05:21 PM #5
- Join Date
- May 2016
- Posts
- 41
If the trucks are free and clear he can consider sale & leaseback financing with a nominal repurchase option.
George Bloom Consulting
772-285-6711Last edited by George; 09-01-2016 at 05:43 PM. Reason: Misspelled
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09-01-2016, 05:25 PM #6
- Join Date
- May 2016
- Posts
- 41
If the trucks are free and clear he can consider sale & leaseback financing.
George Bloom Consulting
772-285-6711Last edited by George; 09-01-2016 at 05:40 PM.
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09-01-2016, 05:30 PM #7
- Join Date
- May 2016
- Posts
- 41
If the trucks are free & clear he can consider sale & leaseback financing with a nominal repurchase option.
George Bloom Consulting
772-285-6711Last edited by George; 09-01-2016 at 05:41 PM.
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09-07-2016, 09:27 AM #8
- Join Date
- Aug 2016
- Posts
- 3
very possible sent you a pm
Zachary Zaitonia
Cooper Asset
248-216-1001
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