[jdj27x]

Seems like each month we loose another funder for used auto! I know pearl does used auto along, with greenbox.... Who who else will go longer terms, longer then 6 or 7 months?


I have a new deal that is 1st position deal with 650 or 700 credit. Avg daily balance is always 25k or 35k for last 4 months. monthly revenue is about 75-100k and they have updated online inventory system with over 20 cars in inventory.


Thanks for the insight.

[WestCoastFunding]

Haven't tried Accord?

[Anthony@torro]

If the numbers and daily ending balances are strong we can get used auto deals done. The initial deal will have a term of 4-5 months, but with good payment history the renewal offer and term would definitely get better. Feel free to reach out if you aren't already set up over here.

The merchant you described above would most likely qualify for 20-40k based off what you wrote.

[jdj27x]

any other funders doing used auto more then 4-5 months ?