[Sebas54]

Have merchant doing 80k/month - Good Credit - Good Banks - No Advances

What is a good lender for a first position.


Thank you

[Ultimatecloser]

Hello Sebas45,

How are you doing if I could be of help let me know.

[aredmond]

Is he auto sales or repair.....Big difference....

[Sebas54]

Auto sales with a repair shop

[ridextreme]

= auto sales with a garage to service his cars.

[QueenUW]

Auto Sales doing $80K a month isn't a deal that you want to fund. Auto sales profit margins are super low.

[gail_waters]

auto sales doing $80k a month isn't a deal that you want to fund. Auto sales profit margins are super low.

practically nobody wants to do auto sales, had a great first position deal, couldnt get a good offer and even everest and lendini max out at 50k max on auto sales but i heard greenbox does auto sales, i didnt know at the time

[Anthony@torro]

We can get this done if they have strong daily balances and consistent revenue. If you need any assistance here feel free to reach out.

[microboby]

If the dealer is solid then Funding Circle will do it with an amazing loan . If he needs a second or even a descent first green box will go up to 7 months @ 1.389 (12 points) and way over $100k if his cashflow is there.

[CraaaCraaa Radio]

ebf
infinite
cfg
tvt
accord
wide
mlf
max adv

just to go off the top of my head

with out asking if merchant has a floor plan?
how many vehicles?
how many years in business?

[Nikkiclean06]

Have merchant doing 80k/month - Good Credit - Good Banks - No Advances

What is a good lender for a first position.


Thank you

Lending Club is doing this deal as well. it is process to get setup and payout is only 2% but it is a great option to just book the deal. Car deals are always a tough sell on whats being offered which is 50K over five months 1.49. I have pushed the deals that I have with Lending Club and Funding circle. Funding circle will not touch it if the money is being used for Inventory FYI

[Yankeeman07]

Have merchant doing 80k/month - Good Credit - Good Banks - No Advances

What is a good lender for a first position.


Thank you

Auto Repair - then we could offer either credit card splits or possible a BLOC

[Funding Metrics]

Quick Fix Capital is funding Auto Sales please reach out to Gianna if you would like us to review the file for you.

Gianna Frascella
Funding Metrics
dba Quick Fix Capital

Office (855) 212-6614 ext. 4030
gianna.frascella@fundingmetrics.com

[DPCam]

Hello Sebas54. We can finance Auto. Please contact me at 310-707-1235. Thanks, Cam

[BB_Cooper]

Cooper will finance B Lot's like this merchant. Is it BHPH or a mid-tier B lot?

Robert S Bloink
EVP of ISO Partnerships
Direct: 248-341-9477
Email: bb@cooperasset.com
Web: www.cooperasset.com
logo-01smaller.jpg

[mcaguru]

Auto repair we love funding with few stips..Auto sales we can NOT (you know i love saying yes but only so many dollars you going to put into a soda machine that DOES NOT release a can).