Results 1 to 5 of 5
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03-22-2023, 02:41 PM #1
- Join Date
- May 2022
- Posts
- 22
Truck financing for low revenue borrower
Trucking Company does 10k-20k a month average seeking to get a 2006 Semi Financed
$75k purcase price
FICO 690
Let me know if possible
Kyle Burton
kburton@capitalcityfunding.biz
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03-22-2023, 02:46 PM #2
- Join Date
- Jan 2023
- Location
- Weston, FL
- Posts
- 40
Alpahloans.com can help. We can do an equipment lease deal. Let's talk my number is 754-246-0372 or email me at edmund@myalphaloans.com
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03-22-2023, 02:47 PM #3
Midwest Corporate Credit or BizLoans for the program below but Fico may be an issue:
I also have an equipment finance guy who can also do it:
Reach out:
Tony Borchello - Equipment financing
General Manager
Finance It Forward
phone: (888) 211-2192
tony@financeitforward.com
Dan Raymond
Biz Loans Inc
Office: (610) BIZ LOAN
(610) 249-5626
BAILEY BLASDEL
Midwest Corporate Credit
(630) 974-5507
(630) 281-5915
Bailey@midwestcorporatecredit.com
File from broker.
Midwest Corporate Credit did this one:
Feb sales $12k
March sales $12K
April sales $4K
Mostly additional revenue in business bank account are online transfers from savings account.
Good Fico
No debt
Got him a couple of business credit cards at $69,000
0% interest for a year
The rates people get depend on what the lender gives them specifically, but they start with 0% rates for 6-12 months and then adjust to 9-19% APR or so after that.
Need a 700+ FicoSteve Benjamin
Professional Business Loans
1012 Contessa
Irvine, CA 92620
steveprobiz@gmail.com
https://probizloans.net/
Broker, Underwriter, general business loan expert
949.228.1050
@ 24 hour funding working capital loans
@ Term loans from 3 years to 10 years at 9.5% and up
@ Equipment financing up to 7 years
@ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
@ SBA loans - 7A and 504.
@ Private money equity and debt for major investments
@ Personal Loans up to gross income from personal tax return.
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03-22-2023, 03:25 PM #4
- Join Date
- Oct 2018
- Location
- MIAMI FLORIDA 33166
- Posts
- 16
I usually go to direct lenders like Maxim Commercial Capital for these types of deals they pay well and are fast just keep in mind that the truck needs to be purchased from a nationwide dealer, not no pops or mom dealers or independent parties / if you need more lenders dm best of luck !!
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03-22-2023, 03:33 PM #5
- Join Date
- Jul 2014
- Location
- Jackson Hole Wy
- Posts
- 721
We have a couple of sources that would do truck financing. We prefer they own some trucks free and clear already for collateral
bzuniga@omegafund.com
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