Funding in Auto sales?
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  1. #1
    Banned Reputation points: 15
    Join Date
    May 2018
    Posts
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    Funding in Auto sales?

    Any advice on best lenders for Auto Sales?

    Ian G. Nadjari
    Riverstrong Capital, Inc.
    3418 Northern Blvd.
    Ste. 321
    LIC, NY 11101

    Phone: (917) 983-9621
    Email: Ian@RiverstrongCapital.com

  2. #2
    Senior Member Reputation points: 6957 ESE5020's Avatar
    Join Date
    Oct 2017
    Posts
    341

    Hey Ian,

    Ill check it out if you want,

    Submissions@EastShoreEquities.com

  3. #3
    CFG will do auto sales, as long as its not a 1st position. Send it over.


    George Menendez
    Iso Relations Manager
    CFG Merchant Solutions

    Direct: (516) 551-6651
    gmenendez@cfgms.com

    www.cfgmerchantsolutions.com

  4. #4
    Senior Member Reputation points: 49940
    Join Date
    Aug 2014
    Posts
    620

    We fund auto sales. If they have strong/consistent revenue and healthy daily balances we will more than likely be able to make an aggressive offer. Please feel free to reach out if I can be of any help.

  5. #5
    LoanMe offers monthly payment term loans from $3,500 to $250,000. Minimum FICO 500, Minimum TIB 90 days. Multiple positions ok, final approvals based on affordability, not strictly revenue or deposits. We can work with all "For-Profit" Industries. Give us a call 949-535-7798
    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

  6. #6
    Let TransMark Funding look at it.
    Contact me at:

    Mel Speck
    mspeck@TransMarkFunding.com
    sales@TransMarkFunding.com


    1490 W Government St. Ste 7-286
    Brandon MS 39042
    601-292-6998 (direct)
    800-579-1273 (toll free)
    601-292-6998 (fax)
    www.TransMarkFunding.com

  7. #7
    Quote Originally Posted by Iannad View Post
    Any advice on best lenders for Auto Sales?

    Ian G. Nadjari
    Riverstrong Capital, Inc.
    3418 Northern Blvd.
    Ste. 321
    LIC, NY 11101

    Phone: (917) 983-9621
    Email: Ian@RiverstrongCapital.com
    Hi Ian,

    We may be able to help, I sent you a PM. Thanks
    Last edited by Michael@RDM; 09-12-2018 at 10:04 AM.
    Michael Candia
    Director of Business Development
    RDM Capital Funding
    _________________________________
    Phone: 973-685-2992
    Fax: 877-837-6080
    Email: mcandia@rdmcapitalfunding.com
    www.rdmcapitalfunding.com

  8. #8
    I'm great with auto sales and a lot of areas where the business models are those that normal MCA companies turn a cold shoulder on. Send over the deal, I'll take a look and if things look good, I'll make an offer.
    Brian Gibbs | Senior Financial Advisor

  9. #9
    Senior Member Reputation points: 8447
    Join Date
    Jul 2015
    Location
    Tampa Florida
    Posts
    502

    We will consider them if they have credit card processing volume that qualifies for the requested amount. Usually dealers that have an attached service department are the best fit for our credit card split product.
    Jason H l Sales & Business Development
    Quikstone Capital Solutions l Tampa FL
    Direct Line & Mobile 813-371-8233 l Fax 813-371-8233 l Text 727-492-8812
    Jason.Hausle@quikstonecapital.com
    www.quikstonecapital.com


    Direct Lender Since 2005

  10. #10
    Iannad, We Will Be Glad To Work With You If You Are Still In Need.
    Business2Business Loans
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    We Also Do Cannabis Loans Up To $4M

  11. #11
    Hi, Ian. This is a great one for us here at WBL. 3x-3.5x monthly deposits if there is real estate that is available to be used as collateral. I know that I am not your rep here, but give your rep a call to discuss.

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