Trucking willing to put 2 trucks up as collateral for funding

[Miss.Finance]

tib is 10 years, not so great credit but does about 90k monthly with clean bank statements. He is looking to get another truck on the road so needs 100k.

[NickHubbard]

Hey Miss Finance! I can get this done via a equipment sale leaseback financing if still needed. Please reach out!

Nick Hubbard
o: 314-252-0299
e: nick@elitefactoring.com
w: www.elitefactoring.com

[fcfinancial]

tib is 10 years, not so great credit but does about 90k monthly with clean bank statements. He is looking to get another truck on the road so needs 100k.

• Quick Overview
• Long-haul (over the road trucking considered), 2 years TIB, 700+ credit, 2 owned trucks for at least 6 months, must have CDL
• Contact me if you wish to discuss.

[Olderguy]

Equipment Financing Questions to ask....

If you are talking to a trucking company who needs money, ask Use of funds - equipment financing, working capital or each/both? Break it down. Loans up to 7 years and rates 8% and up. Programs for Fico 680 and up 620 to 680 Below 620 Amount of money requested... Day cab, sleeper or what Long haul, short haul or what? How many truck current own Type of products hauled DOT number Fico Loan App 4 months business bank statements Most recent business tax return Do they require apportioned plate? Are they Owner Operator or they have drivers? If have drivers how many driver currently work with them? If Owner Operator How many years of CDL/ Industry hauling experience? Is PG a Homeowner or they are renting? Have they financed or leased a truck before? How is their current payment history? If required can we get loan reference from the other lender(s)? Invoice on truck he wants to buy Mileage on invoice. year on invoice NOTE: Over 500,000 miles and over 10 years old makes it a C-D financing. For a private party equipment transaction we would need the following: - Complete condition report (showing make, year, model, with current condition and mileage) - see attached - Photos of the unit Once unit is approved then lender will request; - Copy of title (front and back) - Bill of Sale


Here are some references to lenders:


Tony Borchello

First Financial

(888) 211-2197

mobile: (949) 800-5767

tonyb@firstfinancialweb.com




Evan Sowa

Senior Account & Finance Manager

Everlasting Capital Corporations

603-351-4725 | 401-771-4883

evan@everlastingcapital.com




Jeff Brannon

Slim Capital

jeff@slimcapital.com

Office: 949-535-2353

Cell: 949-981-0431




Joe Burleson

Equify Financial LLC- Southeast

777 Main St. Suite 3900, Ft Worth, Tx 76102

|C214-673-8575

joe.burleson@equifyllc.com




Hope that helps and is a start...



Steve Benjamin
Professional Business Loans
Irvine, CA 92620
SteveProBiz@gmail.com
https:/probizloans.net/

949-228-1050