Auto Transport in need of 10k-15k (Cannot provide November bank statement)
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  1. #1
    Member Reputation points: 30
    Join Date
    Nov 2014
    Location
    Fort Lauderdale, FL
    Posts
    64

    Auto Transport in need of 10k-15k (Cannot provide November bank statement)

    Auto transport company with 4 trucks and in operations for 1.5 years is in need of 10k-15k working capital. The Issue is that they cannot provide the November bank statement because they closed their bank accounts and opened a new bank account on Nov 28th. The average deposit is about 35k-40k and maintains average balance of 3k-4k; clean Credit and could provide 12 months bank statements to mitigate that issue.

    Let me know if anyone can help. Lenders only please

    Best,
    William R. Mateo
    Mateo Capital Group
    Tel: (954)802-2833|Fax: (888)860-1508
    http://www.mateocapitalgroup.com
    Supporting Common Sense Financing!

  2. #2
    Senior Member Reputation points: 1258
    Join Date
    Aug 2016
    Posts
    118

    Follow up (fu)

    Quote Originally Posted by wmateo View Post
    auto transport company with 4 trucks and in operations for 1.5 years is in need of 10k-15k working capital. The issue is that they cannot provide the november bank statement because they closed their bank accounts and opened a new bank account on nov 28th. The average deposit is about 35k-40k and maintains average balance of 3k-4k; clean credit and could provide 12 months bank statements to mitigate that issue.

    Let me know if anyone can help. Lenders only please

    best,
    if its a mca, your probably going to need november bank, why cant he get a copy of the old bank statement before he switched
    Last edited by gail_waters; 12-23-2016 at 05:34 PM. Reason: I PUT FU AS IN FOLLOW UP BUT FU LOOKED BAD ON THE TITLE LOL

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