It’s easier to buy and sell when financing is available

When I talk with carriers and owner-operators, they are often surprised to hear that almost any private sale of used equipment between unrelated parties can be financed.

For example, many people use websites like Kijiji to sell their used equipment, but very few think to include the words “Financing available” in their ads. You don’t have to be a financing company to write this in your ad; you just have to refer buyers to me.

It’s much easier to get the full asking price if you can offer buyers financing, so they don’t have to find 100% of the cash before they can buy from you. As long as they can come up with a down payment of 10% – 20%, I will finance the rest over 24 – 60 months. So remember to put “Financing available” in any ad you post to sell equipment.

And if you are looking to buy, then you can get the purchase financed as long as you are not related to the seller.

If there is bruised credit involved, I can still get the deal done, but the monthly payments will be a little higher.

 


 Deals closed

If you missed the summary of the trucking deals I closed in the past little while, it’s here:
https://aquilian.ca/trucking-deals-closed-recently/

I also finance heavy equipment, office machines, software, and almost anything a business needs that will last longer than 12 months.

To reduce your cash costs for equipment or else finally get the modern version of invoice financing (factoring), give me a toll-free call at 1-844-252-0524  or email me at eric@aquilian.ca.

 


Drivers’ Humour

A driver holding jumper cables walks into a bar. The bartender says, “I’ll serve you, but don’t start anything.”

I went to buy some camouflage trousers the other day but I couldn’t find any.

A highway cop finds a trailer upside down in the median with no tractor attached. He races up the road, finds a bobtail rig cruising along, pulls it over, and then takes the rookie driver back to the scene of the accident. The driver looks at the upside down trailer and says, “Yeah I had a trailer, but that’s not it.  Mine had wheels on the bottom.”

A policeman stops a driver and asks for his licence. “Sir,” he says, “it says here that you should be wearing glasses.” The driver answered, “Well, I have contacts.” The policeman replied, “I don’t care who you know! You’re still getting a ticket!”

 


Thanks for taking the time to read this, and have a great weekend.

Contact: Email (eric@aquilian.ca)

or phone toll-free 1-844-252-0524.

Eric Grossman, CGA  –  Aquilian Financial

“Who is this guy?” 
See my LinkedIn Profile (and ask me to connect!):

And please don’t forget…

If your trucks don’t fit inside a bank…

I’ll get you the cash you need.

And here’s how:

  • Fuel discount cards, controlled and monitored by you, that can be used for many other expenses, too
  • Flexible financing from 1 truck to 200 trucks – leasing from 4.5% for up to 6 years with no personal guarantee
Factoring:
  • Cash before delivery option: 50% in cash, if you need it, when you pick up a load. Just send us a photo/scan/fax of the bill of lading
  • 95% cash advance available on most invoices
  • Same-day cash advances
  • No original documents needed: we accept photos, faxes, scans
  • You decide how to spend your money
  • No worries about your credit history
  • No bank “covenants” (financial performance targets)
  • No “customer concentration” limits
  • Lowest fees: 2.99% Flat Fee, or a Line of Credit based on the prime rate
  • No cost to apply, and no obligation to accept our offer
  • Your customers have up to 90 days to pay
  • Access your account online 24/7 or by phone/email/fax with your personal account manager
  • Access to unlimited money: Grow as quickly as you can!
  • Quick approvals and our simple form is easy to complete