Results 1 to 5 of 5
-
10-14-2016, 11:21 AM #1
- Join Date
- Aug 2016
- Posts
- 3
Need a home for an equipment lease or finance deal.
Hey guys
I have a client that has monthly Volum averaging $40K, mid 500's scores legit LLC Trucking company that has been in business for 5 years.
he has 3 trucks and wants to buy another. has a friend of the family that owns a 2006 Kennworth W900L that is worth $60K but selling it to my client for $40K
I wan to know
- If there is a company that can use equity in equipment as down payment or a company that has a reasonable down payment.
- Whats the minimum Fico ?
- How soon to funding?
- Whats the commission pay out?
Thanks. hope to hear form you soon.
-
10-14-2016, 12:01 PM #2
- Join Date
- Sep 2016
- Posts
- 2
I recommend a hybrid working capital and equipment loan with collateral. Thanks Todd 716-932-0115
Todd Taylor
Senior Funder
352 Sonwil Drive | Buffalo, NY 14225
Direct Funder up to $250k - A through D Paper
Niche Direct Lender Hybrids
Hybrid Working Capital A/B & C/D
Hybrid Equipment Financing A/B & C/D
Hybrid Commercial Capital A/B & C/D
Main: 716-710-1293
Direct: 1-716-932-0115
Fax: 844-822-4124
Email: Todd@fundingmerchantsource.com
www.elevationcapitalllc.com
A+ Rated with the BBB:
http://www.bbb.org/losangelessilicon...each-ca-268003
-
10-14-2016, 01:21 PM #3
- Join Date
- Jan 2016
- Posts
- 435
does he own the trucks?
can the guy selling it write an invoice or is this strictly a cash sale?
their are a few equipment leasing/financing companies that would entertain this
-
10-14-2016, 01:35 PM #4
- Join Date
- Aug 2016
- Posts
- 3
Todd I think that might be a good option I will give you a call shortly. Thanks for reaching out!
-
10-14-2016, 01:36 PM #5
- Join Date
- Aug 2016
- Posts
- 3
Similar Threads
-
Equipment Lease and Lease Back
By aak723 in forum Deal BinReplies: 1Last Post: 06-29-2016, 05:11 PM -
There is still time for your clients to finance/lease equipment before Sec 179!
By Harrymetrix in forum PromotionsReplies: 0Last Post: 12-28-2015, 02:16 PM -
Equipment Finance deal
By PJLamar38 in forum Deal BinReplies: 4Last Post: 06-08-2015, 08:04 PM -
Don't put equipment finance equipment on MCA loans
By Harrymetrix in forum PromotionsReplies: 0Last Post: 05-21-2015, 07:26 PM -
Small Equipement Lease needs a home
By skideeppow in forum Merchant Cash AdvanceReplies: 0Last Post: 09-02-2014, 11:54 AM