Results 1 to 7 of 7
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12-28-2016, 02:59 PM #1
- Join Date
- Oct 2015
- Posts
- 66
Trucking
Nov- 227,260.94 Neg days- 1
Oct- 214,559.99 Neg days -0
Sep- 185,296.29 Neg days- 1
Has two balances; 1.approx 45 left on a 92 purchase price back in sep
2. 93 left on a 112 purchase price end of nov
The first one was is .5 through, would ideally like to buy that and net additional capital.
Send me a pm for any additional info needed. Thank you in advance
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12-28-2016, 02:59 PM #2
- Join Date
- Oct 2015
- Posts
- 66
Sorry, this should be in the deal bin.
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12-28-2016, 03:02 PM #3
so merchant is averaging $209K a month, but has 138K in balances remaining?
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12-28-2016, 03:03 PM #4
and those Sept & Nov deposit totals are skewed, because they include two of his MCA deals
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12-28-2016, 03:07 PM #5
- Join Date
- Oct 2015
- Posts
- 66
They've been accounted for
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12-29-2016, 11:20 AM #6
- Join Date
- Aug 2015
- Location
- Boulder, CO
- Posts
- 755
Hey TMR -
If this fellow is genuinely doing what appears to be $2.5MM annual and is profitable with typical margins for the trucking industry (I have funded a lot of truckers) I would be interested in discussing.
Full Disclosure: I would need to pay off both balances and end up in first position. But he would end up with a monthly payment instead of daily, with attractive pre-payment discounts if he pays off early.
Reach out to me if you would like to discuss!
Best,
Dan Page
Direct: (303) 938-8280
dan@fundingstrategypartners.com
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12-29-2016, 01:57 PM #7
I told him to give you a ring Dan when he inquired. You're the only one I have heard of who will do something like this
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