Results 1 to 5 of 5
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03-23-2023, 12:40 PM #1
- Join Date
- Mar 2022
- Posts
- 12
Buyout of 3 positions for Trucking / Transportation company
Merchant is doing 2 million in monthly rev on average.
3 current positions are:
1. 212k
2. 63k
3. 84k
Total: 359k
Seeking a buyout for all 3 positions with or without new funding on top.
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03-23-2023, 12:41 PM #2
- Join Date
- Oct 2021
- Posts
- 212
Best of luck on that. If you find a deal and it truly funds, please share who did it. Id be curious to know.
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03-23-2023, 01:03 PM #3
- Join Date
- Feb 2017
- Posts
- 3,366
What's their TIB, what's their credit and are they home-based? If it's 5 years TIB, 650+ FICO and they're not home-based, I have a program that may be able to help. "May" only because the PnL might need to be there due to the MCAs. Please reach out in email or WhatsApp in my sig.
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03-23-2023, 01:10 PM #4
There has to be additional funding on top, or else the merchant will just turn around and start stacking again
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03-23-2023, 01:23 PM #5
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