Results 1 to 17 of 17
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01-31-2017, 04:03 PM #1
- Join Date
- Mar 2016
- Posts
- 908
Trucking in Need of Consolidation
Good afternoon DF,
I have a merchant with a Trucking company doing 800k-1.5m Monthly.
2 Balances:
Knight: 50k
YSC: 55k ( I got him this advance )
Should be an easy consolidation, but having a tough time bc of industry. Any and all recommendations will be appreciated.
Thank you,
Lior Monus
CFG Merchant Solutions
Direct: 516-319-5826
Lmonus@cfgms.com
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01-31-2017, 04:07 PM #2
You work for a company that says they do direct funding, WHY did you send it to Yellowstone???
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01-31-2017, 04:10 PM #3
Mark, I am sure almost every lender will send their declines to the guys who will do them, cue Mr. Clapman.
Eagle Funding Group
Phone: (646) 793-6809
Email: info@eaglefundinggroup.net
Web: www.eaglefundinggroup.net
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01-31-2017, 04:14 PM #4
Except he, working for a direct funder, who says they do high risk deals, is now sending it to another high risk funder. Just cant understand why he would say it.
Last edited by Funder Mark; 01-31-2017 at 04:18 PM.
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01-31-2017, 04:20 PM #5
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,508
Lior,
Are they factoring their receivables? I really don't chase many trucking deals, but would be happy to take a look. If they are not factoring, they should be. If they are....we will likely save them a lot of money. kevin.henry@seacoastbf.comKevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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01-31-2017, 04:45 PM #6
- Join Date
- Mar 2016
- Posts
- 908
Merchant was a direct lead with CFG, wouldn't take our 40k offer. So we sent it to YSC who came in more aggressive with 80k.
JUST BECAUSE I AM A DIRECT FUNDER, DOES NOT MEAN I CANT BROKER THE 1 DEAL I ORIGINATED.
Its surprising that my honestly would be flipped around "Funder Mark"
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01-31-2017, 04:49 PM #7
- Join Date
- Mar 2016
- Posts
- 908
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01-31-2017, 04:52 PM #8
- Join Date
- Mar 2016
- Posts
- 657
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01-31-2017, 04:53 PM #9
- Join Date
- Mar 2016
- Posts
- 908
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01-31-2017, 05:34 PM #10Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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02-01-2017, 07:48 AM #11
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02-01-2017, 07:49 AM #12
my team would love to work with this type of deal im going to reach out ot you
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02-01-2017, 09:10 AM #13
- Join Date
- Jan 2017
- Posts
- 57
We love trucking at Strategic. Are his daily balances decent? PM me
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02-01-2017, 11:09 AM #14
- Join Date
- Jan 2017
- Posts
- 9
You shouldn't deal with brokers
i do consolidations
Please reach out to discuss the file
potheguy@nationalbusinesscapital.com
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02-01-2017, 11:14 AM #15
- Join Date
- Jun 2015
- Posts
- 3,326
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02-01-2017, 04:36 PM #16
- Join Date
- Aug 2015
- Location
- Boulder, CO
- Posts
- 755
Be careful how you tread...you're the new guy here and there are some strong, ethical brokers that could be your friend. Choose...wisely.
As an aside...I went to your website out of sheer curiosity and it is unclear if you are a direct funder (which means using your own money)
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02-01-2017, 04:44 PM #17
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
National is a substantial Broker shop located in Bohemia NY. As they syndicate in deals (and will likely receive a capital raise to do more) they can represent themselves as direct funders. Not sure who potheguy is, but have met the Principal owner, and have a familiarity with the folks on the main level and garden level.. Professional outfit but they do not underwrite consolidations..
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