Iron capital ?

Discussion in 'Trucker Taxes and Truck Financing' started by Sleeper413, Nov 29, 2017.

  1. Sleeper413

    Sleeper413 Bobtail Member

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    Jan 10, 2016
    White mountains
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    has anyone used iron capital out of New Jersey to finance their truck or start up?
     
  2. Silver Bear

    Silver Bear Bobtail Member

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    Nov 30, 2017
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    Iron Capital is a scam. Tried to hit them up for financing. I was pretty sure I wasn't going to deal with them but did it anyways, since they only do a soft pull and don't put an inquiry on your credit. They approved me for $40K, even though initially promised a $100K and wanted 15% "finder's fee", so I'd be getting a payout of $34K while paying 12% interest on a $40K loan. My credit score is 824, so obviously I laughed at the guy on the phone. Check out crowdfunding sites like Lending Club and Prosper, they are legit.
     
  3. biggi1996

    biggi1996 Light Load Member

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    Dec 10, 2014
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  4. Silver Bear

    Silver Bear Bobtail Member

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    Nov 30, 2017
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    Yes, with net payout of 34k.
     
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