[TStein]

After running the merchants credit, it came up as no history so he is not a viable merchant for the typical MCA product. However, he is willing to put up the titles to his 91 cars valued at 2-3MM.

1MM+ monthly deposits, seeking 150k-200k.

Any ideas?

[nrh1lp]

Find an auction house

[therealrichzone]

I can pull cash out of a used car lots inventory if the inventory is owned free and clear. These transactions can also be structured as a simple multi-$100,000 line of credit allowing the dealership borrow to buy used cars at actions and repay small portions of the loan as the cars sell. Many used car dealers love this type of financing because they don't have to tie their working capital up in their inventory which allows them to grow their business 10 times faster using other people's money

Richard

[Eddie.deangelis]

Rich what is your company name?

[Michael I]

Rich what is your company name?

Probably what's in his signature. On the app you need to click comment to see it .

[Funded In A Jiffy!]

Call Lorraine at 765.517.0975.

Lorraine McNair - COO
MoveAhead Financial
2114 E Blvd
Kokomo, IN 46952
lorraine@moveaheadfin.com
www.moveaheadfin.com
765.517.0975