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  1. #1

    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.

  2. #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

  3. #3
    Senior Member Reputation points: 12878
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    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

  4. #4
    Todd I think that might be a good option I will give you a call shortly. Thanks for reaching out!

  5. #5
    Quote Originally Posted by nrh1lp View Post
    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
    Thanks for chiming in The seller does own the truck out right and can provide an invoice if needed.
    also my client still has payments on this trucks he doesn't own them out right.

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