Results 1 to 8 of 8
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02-07-2017, 01:19 PM #1
- Join Date
- Mar 2015
- Posts
- 62
Equipment Purchase - Trucking 500k Needed
2.5MM/monthly currently leases trucks wants to get out of that and start purchasing them outright. 500k for 5 trucks. I have everything short of first born as far as financials. Had a lien that's been taken care of (documents to support that) - Looking to be around 5% the equip finance co. I currently work with simply can't him enough cash. Looking for No Prepay Penalties, No Money Down, Option Deferred Payments, Extended line of cash disbursed for soft costs.. basic stuff.
Let me know if anybody has an equipment finance guy they trust.
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02-07-2017, 02:36 PM #2
- Join Date
- Jan 2017
- Posts
- 57
We can do this at Strategic, PM me.
John Costigan
jcostigan@sfscapital.com
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02-07-2017, 04:40 PM #3
- Join Date
- Mar 2015
- Posts
- 62
Strategic is in the equipment finance game? Weird, I had no idea.
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02-07-2017, 05:32 PM #4
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
Equipment Purchase - Trucking 500k Needed
I do. Gerry Ostreich has been in the business for over 40 years. He is by far the most knowledgeble person I've ever met for financing vehicles. I sus left he can find money in that price range.
please send me your contact information and I'll give you his tomorrow. I'm not getting paid for the referral.
Bob
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02-07-2017, 05:37 PM #5
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
Equipment Purchase - Trucking 500k Needed
John, the typical truck financing goes out to 7 years. Do you have that kind of financially instrument that can do that. If so I would be glad to forward some deals to you.
Bob Shaw
Iron Horse Credit
rshaw@ironhorsecredit.com
734-929-3800
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02-07-2017, 06:54 PM #6
- Join Date
- Aug 2015
- Location
- Boulder, CO
- Posts
- 755
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02-19-2017, 12:00 PM #7
- Join Date
- Feb 2017
- Posts
- 6
Skytop. Let me know if you're still looking.
yali@primecapfunding.com
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02-19-2017, 01:48 PM #8
- Join Date
- Mar 2015
- Posts
- 62
Got this one done - will reach out next time
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