Needs at least 60k trucking co. assets
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  1. #1
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    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.

  2. #2
    Senior Member Reputation points: 290 1StopFunding's Avatar
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    Needs at least 60k trucking co. assets

    WBL uses assets. Their rates are very high tho.
    Cheryl Tibbs- General Manager
    Equipment LeaseCo Inc
    www.equipmentleaseco.com

  3. #3
    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.

  4. #4
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    Needs at least 60k trucking co. assets

    WBL is where I was gonna look. how high are they vs the other guys?

  5. #5
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    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

  6. #6
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    Needs at least 60k trucking co. assets

    wbl doesn't do biz where this merchant is located....any others?

  7. #7
    Senior Member Reputation points: 325 Ryan Shiroky's Avatar
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    Strategic has Strategic PLUS... their asset based program and invoice factoring arm... hope that helps...

  8. #8
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    Needs at least 60k trucking co. assets

    ok I will try giving them a jingle today thanks ryan.

  9. #9
    Call Anthony Fast Advance Funding 215.642.0686

  10. #10
    Give me a ring at 212 293 8210 to discuss


    Chris
    World Business Lenders, LLC

  11. #11
    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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