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10-25-2020, 04:31 PM #1Senior Member
Reputation points: 4567
- Join Date
- Jun 2015
- Location
- Saint Louis, Mo
- Posts
- 330
Trucking Company Seeking $250K-$350K
Hey Guys,
I have a trucking company client that is seeking $250K-$350K in funding for fleet expansion.
-40 trucks in his fleet
-Has account with Amazon
-They have been in business a 1yr and a month.
-Doing $400K+ a month in deposits
-Borrower stated credit score should be between 670-700 range.
-This would be a 1st position
Cons:
Had a past bankruptcy for another company he was a partner in. But its cleared up & discharged.
Merchant is looking for longest term and weekly, bi weekly or monthly repayment!Last edited by NickHubbard; 10-25-2020 at 04:34 PM.
Nick Hubbard
Senior Loan Advisor
314-252-0299 - Office
314-885-2262 - Direct
nick@elitefactoring.com
www.elitefactoring.com
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