I’m pleased to summarize the trucking deals we closed in the past little while.
Factoring
- $3,500,000 prime-based Line of Credit with optional Cash Advance Before Delivery for a 100+ truck general freight company in Ontario.
- $350,000 2.99% Flat Fee with optional Cash Advance Before Delivery for a 10-truck general freight company in Alberta.
- $250,000 2.99% Flat Fee with optional Cash Advance Before Delivery for a 7-truck general freight company in Ontario.
- $100,000 2.99% Flat Fee for several 1- and 2-truck carriers in Ontario.
Leasing
- $145,000 6-year lease @ 5.95% on a 2015 tractor for an owner-0perator in Ontario.
- $110,000 4-year lease @ 6% on a 2013 tractor for a small carrier in New Brunswick, refinancing their original lease, resulting in interest savings of $3,500 per year.
- $285,000 4-year lease @ 7.25% on several used trailers for a bulk carrier with poor credit history in British Columbia.
- $225,000 6-year lease @ 4.6% on several new trailers for a 40-truck carrier in Alberta.
- $15,000 3-year lease @ 10% on a 10-year-old straight truck for an owner-operator in Ontario.
- $500,000 pre-approved leasing facility @ 5% for an Ontario carrier.
- $1,100,000 refinancing of existing leases on all equipment for an Alberta carrier, resulting in interest savings of $25,000 per year.
If you’d like to reduce your cash costs for equipment, give me a toll-free call at 1.844.252.0524 or email me at eric@aquilian.ca.
Who am I? See my LinkedIn profile: http://ca.linkedin.com/in/ericgrossmancga/
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