(847) 282-4933
250,000
Truck Loan
Long Haul Trucking Company
Case Background

The client had a 5 years old trucking company with 10 trucks in fleet. Needed $250k for expansion and working capital. Was turned down by his bank because of the restricted industry he is in. Tried to apply online but was offered $50k max with 30% APR.

Challenge

Client works in a trucking business which is restricted almost by all of the banks. Low cash flow.

Result

We found a crowd funding source that offered client $250k loan for 3 years. Took 2 weeks to close.

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