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Tractor Semi, Tractor Trailers and Sleeper Cab Merchant Cash Loans Up to $150,000, Interest Rate Starts at 15%

2010 June 28

Tractor Semi, Tractor Trailers, and Sleeper cab trucks merchant business cash business loans and financing, up to $150,000 with interest rates starting as low as 15% are obtainable in today’s lending markets. These merchant tractor semi, tractor trailer and sleeper cab trucks cash loans are accessible for businesses in service for one year or more.

A tractor semi, tractor trailer and sleeper cab cash loan or merchant cash loan might be remedy your small business desires for an infusion of working capital. As the market has weakened, many businesses have a need of a cash infusion and/or working capital to acquire them through these hard times.

As financial has tightended its credit principles and less means is out there small businesses have to locate alternative ways of obtaining credit. In the former, the spread in real estate prices and easy credit was a way countless small businesses were obtaining capital. Due to the real estate downturn and problems in the banking community, this is no longer an alternative for the small business. An alternative to this hard cash flow and/or working capital problem can be resolved in the business cash raise or the merchant hard cash advance area. This industry is based upon a different set of values which we will describe beneath..

Primary of all, what is a tractor trailer cash merchant advance? .. An established sleeper cab business in existence for one year or additional with visa and mastercard sales can qualfiy for a loan} or a merchant hard cash advance on their prior activity up to $150,000 from a financial institution and $750,000 or extra per location from a true merchant advance company. The monthly average of their visa and mastercard sales x 1.5 will be a qualifying amount that the financial institution will finance up to. Here is an example for you, assuming your business averages monthly $50,000 for visa and mastercard sales over the final year. The financing institution will use that $50,000 x 1.5, therefore your lending base will be $75,000 for this example. Pretty neat, bet you didn’t know these programs were even out there.

For this advance tractor trailer loan program discussed today, this program allows you to obtain 1.25 x your monthly average of your master, visa, discover cards. This program is buying a piece of your future cards based upon your prior performance. The repayment amount is a fixed percentage of what you collect subsequently. Furthermore, this program will advance up to $750,000.

Here is an example of this sleeper cab, tractor trailer truck program, lets say your average monthly average credit cards sales average $100,000 per month and the improve company oks a upgrade of $125,000. They will apply a percentage to this amount say 15% and after funding, every credit auction you collect they will be paid 15%. If you have a great or a bad day, the percentage is at all times the same. This process will continue until the amount is paid off. Once you pay off 80% of the advance, you can apply for another upgrade or merchant business loan
.
This program isn’t Fico driven which is a reason numerous companies can’t qualify at the {lender|bank|financial institution today. This program doesn’t want more guarantee and personal guarantees. Usually, these cash advances are paid off in months not years. This program doesn’t need personal income tax returns and other purchase documentation…There are no application fees and/or this advance doesn’t consequence your present-day working capital line at a financing institution if that applies.. One tip you should be familiar with, this merchant cash advance company will require you to change your processor. They will also security to beat the rates your are paying at the current period and offer additional perks that they will assist you in any resistance you might have….

Another benefit to this cash merchant tractor trailer, sleeper cab truck program is that you can use these portfolios for whatever purpose you had in mind. Whether it is growth capital, pay off old bills, debt consolidation, modern equipment acquistions, buying modern inventories, etc it is your determination..

The qualifications. to obtain this tractor semi, tractor trailer and sleeper cab truck program going is for the applcant to fill out the cash advance or loan application and fax the detailed pages of your final four months merchant statements and three months lender statements to your loan company.

The approval process takes as low as 24-48 hours and the funding within 7 business days

OTHER PERTINENT FACTS FOR THE MERCHANT BUSINESS LOAN PROGRAM ….
TRACTOR SEMI, TRACTOR TRAILER, AND SLEEPER CAB TRUCK LOANS UP TO $150,000
TIB
1-3 YEARS…. 1.00 X C.C VISA/MASTERCARD/DISCOVERY
3-5 YEARS…. . 1.25 X C.C
OVER 5 YEARS…. .1.5 X CC

LOANS ELIGIBILITY BASED UPON AVERAGE FOUR MONTHS CREDIT CARD
SALES X RATE ABOVE…..

RATES… 1-3 YEARS……..3-5 YEARS………OVER 5 YEARS

6 MONTHS 22% 15% 15%
9 MONTHS. Contact Contact Contact
12 MONTHS…………….. .N/A Contact Contact

CREDIT REQUIREMENT…..CREDIT SCORE NOT SO IMPORTANT …
NO MAJOR PAST DUE PAYMENTS, BOUNCED CHECKS,

LOOKING FOR FINANCIAL STABILITY CUSTOMERS ….

INDUSTRIES……ALL EXCEPT ADULT STORES AND FURNITURE STORES
UNDER TEN YEARS…..*****************************

PAPERWORK REQUIREMENTS……
THREE MONTHS BANK STATEMENTS ALL DETAILS
FOUR MONTHS MERCHANT STATEMENTS….TOTAL INFO

PERSONAL GUARANTEES FOR MOST STATES…..YES

OUTSTANDING CASH MERCHANT TRACTOR TRAILER, SLEEPER CAB TRUCK ADVANCES HAVE TO PAID OFF BY THIS LENDER BASED UPON LOAN ELIGIBILITY CALCULATION

Ø Loans Amounts Range From $5000 to $150,000
Ø Up To Half the Interest Rates, Check out our Rates vs our Competitors
Ø Poor Personal Credit Accepted, Not an Issue for our Offer Program
Ø Up To One Year To Pay Fund, Not 6-8 Months like our Competitors
Ø To Pre-qualify for a loan you will be required to have an average of $3000 monthly credit card sales
Ø No Significant, fixed monthly costs, the bank receives a percentage of your credit card sales so the loan is repaid with the flow of business cycle
Ø No Tax returns, Financial statements or purchase documentation are essential
Ø Your loan can be approved within two days and funded within seven business days
Ø Benefit from the top merchant offer terms with no charges and no late fees
Ø Lender isn’t FICO Score driven and focus on the main position credit background, Former Bankruptcies No Dilemma
Ø You {must|ought to|be essential to own your business for at least one year
Ø The maximum the financial institution will typicallyoffer is about 1.5 X Your Monthly Visa/MasterCard Sales Average, Competitors 1.25 X

Happy hunting for your tractor semi, tractor trailer and sleeper cab trucks merchant cash business loan and advance..

http://www.cclgequipmentleasing.com/cashadvances-150k.htm

http://www.cclgequipmentleasing.com/trader.htm

One Response Leave One →
  1. bill tripp permalink
    August 14, 2011

    like truck

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