Used Auto Sales - 300k/Mo - No Positions
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  1. #1

    Used Auto Sales - 300k/Mo - No Positions

    I have a used car dealership that does between 300k-900k/month that I have worked with for years. Right now he has no positions but he has taken advances for years. Last year, he bounced a few payments and the one MCA company he had filed the COJ after 3 bounces in one month. He immediately went and wired them the balance in full and as such, has a zero balance letter. That company has offered to renew him but he has no desire to work with them. With this in mind, can anyone help us to get a reasonable offer on this file? Most months he has less than 2 NSFs, credit is mid 600's.

  2. #2
    Senior Member Reputation points: 258
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    Jun 2017
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    If this client has collateral to pledge with enough net equity, we can fund them close to $1M for a 12-24 month term with an early payoff discount. If the client does have real estate that he is willing to put up that makes sense, please feel free to reach out to discuss further.

    Michael Bernier
    ISO Relations | Grand Capital Funding
    P: 201.273.9162 | C: 860.916.2158
    E: MikeB@GrandCapitalFunding.com

  3. #3
    Senior Member Reputation points: 3250
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    you can always try us at irving@ufsfunding.com
    Irving Winograd
    Unique Funding Solutions
    646-460-3139

  4. #4
    Senior Member Reputation points: 227882
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    Did you try Bluevine or Fundbox?

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