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05-05-2014, 11:12 PM #1
- Join Date
- Apr 2014
- Location
- New York
- Posts
- 274
Needs at least 60k trucking co. assets
This guy needs a good 60k to purchase new inventory. Owns a solid stable trucking biz...smaller side thigh (did 150k last yr gross) I know typically he would be lucky to get 20k from a lender. He has 50 to 60k in assets with his current trucks however and is willing to use them as collateral. I don't really want to stack this guy, and do it the right way. (I am against stacking somewhat) If anybody is interested that will look at the assets, let me know.
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05-06-2014, 08:03 AM #2
Needs at least 60k trucking co. assets
WBL uses assets. Their rates are very high tho.
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05-06-2014, 09:14 AM #3
- Join Date
- Apr 2014
- Posts
- 14
I know FGI does asset backed advances, but this might not be a large enough deal for them.
If you are looking to stack, we could probably get you close to $20k on our end.
PM if you go that route.
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05-06-2014, 09:27 AM #4
- Join Date
- Apr 2014
- Location
- New York
- Posts
- 274
Needs at least 60k trucking co. assets
WBL is where I was gonna look. how high are they vs the other guys?
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05-06-2014, 09:29 AM #5
- Join Date
- Apr 2014
- Location
- New York
- Posts
- 274
Needs at least 60k trucking co. assets
seeing how I'm doing the initial funding, I'm sure that funder wouldn't appreciate if I got him 2nd or 3rd positions
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05-07-2014, 10:52 AM #6
- Join Date
- Apr 2014
- Location
- New York
- Posts
- 274
Needs at least 60k trucking co. assets
wbl doesn't do biz where this merchant is located....any others?
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05-07-2014, 11:00 AM #7
Strategic has Strategic PLUS... their asset based program and invoice factoring arm... hope that helps...
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05-07-2014, 11:03 AM #8
- Join Date
- Apr 2014
- Location
- New York
- Posts
- 274
Needs at least 60k trucking co. assets
ok I will try giving them a jingle today thanks ryan.
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05-09-2014, 09:52 AM #9
- Join Date
- Jan 2014
- Posts
- 44
Call Anthony Fast Advance Funding 215.642.0686
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05-09-2014, 04:34 PM #10
- Join Date
- Jun 2013
- Posts
- 195
Give me a ring at 212 293 8210 to discuss
Chris
World Business Lenders, LLC
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05-13-2014, 09:02 AM #11
- Join Date
- May 2014
- Location
- Uniondale
- Posts
- 10
Generally we fund businesses anywhere from 10 up-to 15% of your annual revenue. If your looking for 60k, we will evaluate the business as a whole and can have you funded in as little as 3-5 business days with zero collateral. Please email me DIRECTLY at cscuderi@mcamerchant.com.
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