Results 1 to 25 of 30
-
05-01-2018, 11:24 AM #1
- Join Date
- Feb 2016
- Posts
- 16
Used Auto 1st position
Does anyone besides the following fund Used Auto 1st position?
-Pearl
-Yellowstone
-Lendini/quickfix
-Greenbox
-Ram
Thank you in advance. Merchant does 300,000 per month.
-
05-01-2018, 11:40 AM #2
Accord
John Celifarco
Managing Partner
Horizon Funding Group
3423 Ave S
Brooklyn, NY 11234
T: (347) 773-3990 | F: (718) 795-1990
Linkedin: Profile
Email: john@horizonfundinggroup.com
-
05-01-2018, 11:54 AM #3
If I remember correctly EBF but I think they might cap out at like 25k or something
-
05-01-2018, 11:56 AM #4
- Join Date
- Jun 2017
- Posts
- 119
We can fund used or new auto if the client has collateral. It doesn't have to be real estate, but that would be preferred. Feel free to reach out to discuss this file further.
We can do something here if the client has collateral to pledge. Give me a call to discuss this file further.
Michael Bernier
ISO Relations | Grand Capital Funding
P: 201.273.9162 | C: 860.916.2158
E: MikeB@GrandCapitalFunding.com
-
05-01-2018, 12:26 PM #5
- Join Date
- Mar 2016
- Posts
- 186
-
05-01-2018, 01:07 PM #6
- Join Date
- Feb 2014
- Location
- Florida
- Posts
- 266
[QUOTE=PuppetMaster;93307]Does anyone besides the following fund Used Auto 1st position?
-Pearl
-Yellowstone
-Lendini/quickfix
-Greenbox
-Ram
Thank you in advance. Merchant does 300,000 per month.[/QUOTE
I am trying to figure out the same thing!
So far I have found SOS, Smart Business Funding & Lendini.. but they are all 4-5 months and max amount is $30K..
My client has crazy good credit, long time in biz doing $200K/month! I can't believe this is so hard to place!Shannon Harris
Funding Specialist
888-705-8818 phone
239-790-2664 fax
Shannon@StellarBusinessFunding.com
www.stellarbusinessfunding.com
-
05-01-2018, 01:18 PM #7
- Join Date
- Feb 2017
- Posts
- 3,473
$200k/month in used cars? If one car goes for $30,000 - what's the profit margin on that? And then how many sales does he have per month?
Used cars are very hard to judge these things. You can't just assume "GROSS = PROFIT," and "More Gross = More Profit." I had a client who delivers gas to gas stations that was doing $74mm in revenue a year, but his profit margins are so low that he got rejected from everywhere.
-
05-01-2018, 01:36 PM #8
- Join Date
- Mar 2018
- Posts
- 9
I will need a lot more details, We wouldn't decline it because its a 1st position in used auto sales. Our min revenue threshold for this SIC is 250k ave monthly revenue.
Call me and/or send it over.
Daniel Salamon
Unique Funding Solutions
Direct: 718-475-7656
Email: Dan@ufsfunding.com
-
05-01-2018, 01:41 PM #9
- Join Date
- Nov 2014
- Posts
- 438
LoanMe Business
949-535-7798
Email: Business.Loans@LoanMe.com
www.loanme.com/SBL-partner
1900 S State College Blvd. Suite 300
Anaheim, CA 92806
-
05-01-2018, 02:05 PM #10
- Join Date
- Jun 2014
- Posts
- 541
Cooper specializes in funding mid-tier b-lots.
Robert S Bloink
EVP of ISO Partnerships
Direct: 248-341-9477
Email: bb@cooperasset.com
Web: www.cooperasset.com
-
05-01-2018, 02:13 PM #11
- Join Date
- Feb 2016
- Posts
- 16
Dan, we had sent it into Unique and it got declined because it is 1st position.
And Robert, I had emailed you yesterday but never heard back.
Thank you everyone for your responses. Received a great offer, considering, and am waiting on signed docs to start the month strong.
-
05-01-2018, 02:18 PM #12
- Join Date
- Apr 2018
- Posts
- 21
Yes, email me. Nicole Cruz
Ncruz@yellowstonecapllc.com
-
05-01-2018, 02:39 PM #13
- Join Date
- Apr 2018
- Posts
- 1
brian@velocitycg.com - Theres def something we can do!
-
05-01-2018, 05:00 PM #14
- Join Date
- Jan 2018
- Posts
- 353
-
05-01-2018, 05:01 PM #15
- Join Date
- Jan 2018
- Posts
- 353
-
05-01-2018, 06:06 PM #16
- Join Date
- Dec 2013
- Posts
- 4,713
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
——————————————————————————
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
-
05-01-2018, 07:04 PM #17
- Join Date
- Jan 2018
- Posts
- 353
-
05-02-2018, 12:23 PM #18Patrick Wilson
Managing Partner
www.PremierCapitalNetwork.com
(NO MORE LENDER/FUNDER CALL PLZ)
-
05-02-2018, 07:58 PM #19
- Join Date
- Feb 2016
- Posts
- 16
Kash Kapital funded today for me. Great process. Give Nathan a call. Great communication and great offer.
-
05-02-2018, 08:27 PM #20
- Join Date
- Oct 2016
- Posts
- 4,318
-
05-03-2018, 02:09 PM #21Patrick Wilson
Managing Partner
www.PremierCapitalNetwork.com
(NO MORE LENDER/FUNDER CALL PLZ)
-
05-06-2018, 06:42 AM #22Karen37aGuest
-
05-10-2018, 09:16 AM #23
- Join Date
- Apr 2016
- Posts
- 33
-
05-10-2018, 09:23 AM #24
- Join Date
- Oct 2016
- Posts
- 4,318
-
05-10-2018, 09:25 AM #25
- Join Date
- Jun 2017
- Posts
- 2,049
Mckenzie
Similar Threads
-
Auto Dealer on 3rd position
By shmullsky in forum Deal BinReplies: 4Last Post: 05-19-2017, 09:21 AM -
Used Auto Sales- 2nd Position
By eljets11 in forum Deal BinReplies: 6Last Post: 11-07-2016, 01:33 PM -
Auto Sales- Looking for consolodation or 4th position
By funddog in forum Deal BinReplies: 7Last Post: 10-26-2016, 11:53 AM -
Need A First Position Auto Lender
By ISO man in forum Merchant Cash AdvanceReplies: 7Last Post: 09-22-2016, 01:43 PM -
Auto Broker 2nd Position
By Cshoke in forum Deal BinReplies: 5Last Post: 08-18-2015, 10:46 AM