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06-26-2014, 09:19 AM #1
- Join Date
- Jun 2014
- Posts
- 1
Used Car Dealership
Does anyone know of a funding company that will take this SIC code?
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06-26-2014, 09:49 AM #2
- Join Date
- Jun 2013
- Posts
- 195
We fund that SIC code all the time. What state are they located in?
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06-29-2014, 03:10 AM #3
- Join Date
- Mar 2014
- Posts
- 4
Used Car Dealership
I own a used car dealership out in CA. I do over 300k/month gross sales. 680+ FICO. No derogs no delinquencies ever. I have a first with Amerimerchant for 154k. Original balance was 258k. I wouldn't mind staying with Amerimerchant to pay this down but I heard they don't do business with car dealers any more (thanks to some clown car dealer who ruined it for the rest of us) so I don't see the point in building a relationship to nowhere.
I originally wanted 300-500k but was told to take the 200k "for now" to build trust and a relationship with Amerimerchant. Wouldn't have taken the 200k if I knew I couldn't renew at all. No ones fault it is what it is. If I gotta stick it out then no worries.
My question: anyone out there willing to step up and take a chance? Take over the Amerimerchant first and get me what I originally wanted?
I would obviously prefer a long term, low rate, blah blah you've heard it all etc etc but am open to anything other than hokey seconds. I don't need a second. I just need a funder who is looking to establish a long term partnership.
Thanks.
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07-03-2014, 11:44 AM #4
1.67 factor?? Give us a call at (888) 399 0126 we can definitely help you out with a lower rate.
Best Regards,
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06-30-2014, 11:16 AM #5
- Join Date
- Jun 2014
- Posts
- 541
Buy here pay here lots stocking up on summer inventory makes good sense-
Robert S Bloink
EVP of ISO Partnerships
Direct: 313-218-4663
Email: bb@cooperasset.com
Web: www.cooperasset.com
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07-04-2014, 02:26 AM #6
- Join Date
- Mar 2014
- Posts
- 147
Used Car Dealership
Car guy if you balance is over 200k still you will not qualify for a buyout refi. What is your current balance ? If the existing balance is close to 100k I may able to get you a nice offer on a buyout. Please call me 267-569-7107. Eddie VMC Capital. LLC
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07-04-2014, 01:18 PM #7
- Join Date
- Mar 2014
- Posts
- 4
Used Car Dealership
My balance is a little over 150k.
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07-06-2014, 12:04 PM #8
- Join Date
- Jul 2014
- Posts
- 6
Used Car Dealership
CarGuy give us a call 8am-8pm Est 347-815-FUND im sure we can find a suitable solution for you.
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