Automobile Broker / Exporter
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  1. #1
    Senior Member Reputation points: 8603 Regium's Avatar
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    Aug 2013
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    Fort Lauderdale, FL
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    209

    Automobile Broker / Exporter

    I have a client who exports new & used cars from US, Canada, & Europe over to Asia (China, Japan)

    750 FICO, no MCA inquiries

    300-1MIL monthly, ledgers over 20K, no NSF, no liens/judgements

    Located in NY

    Any direct funders able to fund a deal like this?

  2. #2
    Senior Member Reputation points: 49940
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    Mikhail, I should be able to do something for you on this one. Shoot it over when you can.

  3. #3
    Senior Member Reputation points: 71352
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    Quote Originally Posted by Anthony@yellowstone View Post
    Mikhail, I should be able to do something for you on this one. Shoot it over when you can.
    Mike - work with Ant, you met eachother at my house one evening.

  4. #4
    Senior Member Reputation points: 11170
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    May 2017
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    Quote Originally Posted by Mikhail Suley View Post
    I have a client who exports new & used cars from US, Canada, & Europe over to Asia (China, Japan)

    750 FICO, no MCA inquiries

    300-1MIL monthly, ledgers over 20K, no NSF, no liens/judgements

    Located in NY

    Any direct funders able to fund a deal like this?
    If financials and a.r look good, I know a place that will offer a 12 month advance for u, 1.24 BR, 15pt upsell, weekly, 300k.

    If u want a loan try lendingclub, bluevine, kabbage, or apply to swift (I know it's an advance) for them and charge a fee agreement.

    Not sure if 1st global still does them but I've seen 200k auto contracts from them a few months ago.

  5. #5
    Senior Member Reputation points: 11170
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    Quote Originally Posted by Anthony@yellowstone View Post
    Mikhail, I should be able to do something for you on this one. Shoot it over when you can.
    Anthony is the man, hands down, but a fico like that and rev and statements, deserves a lot better pricing if it's gonna be a 1.45.

    Again, Anthony is a great guy, i suggest signing up with him as your ysc rep, if you arent signed up, he is honest, gets deals done, and has better relationships with the UWs at ysc then 98% of the reps. But not sure ysc is a fit for a deal like this.

    Merry Xmas.

  6. #6
    Do you still need funding?

    Lorraine
    765.517.0975

  7. #7
    What funder offers 12 months on auto sales ?

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