Short Haul Transportation

Business Stage
Established Business
Industry
Service
Time In Business
10 Years
Employees
11
Equipment Type
Titled Vehicle
Ticket Size
$50K - $70K
Equipment Details
Box Trailers
Equipment Purpose
Expansion
Weaknesses (Cons)
  • Used equipment (over 10 years old
  • Majority of employees were contract employees
  • Low corporate sophistication
  • Equipment is not stored at lessee’s location
  • Owner was over 70 years old
Strengths (Pros)
  • High revenues
  • Good employee count
  • Equipment required to service new contract
  • Very good personal credit
  • D&B paydex 80
  • Strong complimentary pay history
  • Willing to accept shorter term
  • Lessee was anchored to the geographic region- low flight risk
Creative Solution
24 month term, 10% SD, 1 PG, Cross-corp guarantees of all related corporate entities
Team Sales Rep
Mike Wright