Automobile Broker / Exporter
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  1. #1
    Senior Member Reputation points: 11170
    Join Date
    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.

  2. #2
    What funder offers 12 months on auto sales ?

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