Results 1 to 6 of 6
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09-18-2018, 04:13 PM #1
- Join Date
- May 2018
- Posts
- 36
Auto Sales doing 300k+ monthly needs weekly offer
I have an auto sales doing about 300k monthly currently working with Ondeck, kabbage, bluevine, and YSC, need a WEEKLY offer. Any takers?
Ian Nadjari
Riverstrong Capital, Inc.
3418 Northern Blvd.
Ste. 321
LIC, NY 11101
Mobile: (917) 983-9621
Direct: (646) 876-5540 ext. 7003
Email: Ian@RiverstrongCapital.com
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09-18-2018, 04:53 PM #2
- Join Date
- Jun 2018
- Posts
- 6
If the deal looks good enough, CFG can offer weekly payments. Send it over.
George Menendez
ISO Relations Manager
CFG Merchant Solutions
gmenendez@cfgms.com
Direct: (516) 551-6651
Fax: (646) 278-7322
www.cfgmerchantsolutions.com
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09-18-2018, 06:11 PM #3
- Join Date
- Jan 2014
- Posts
- 1,370
when you say working with do you mean he has positions with those lenders or you have submitted to those lenders for offers? You can try Business Backer im not sure how strong they are on the auto sales offers if at all but they do have a bi-weekly payment option if they are in first position.
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09-19-2018, 09:07 AM #4
- Join Date
- Jul 2018
- Posts
- 19
Fast advance funding can definitely take a look at it.
Does the merchant have a floor plan? If he doesn't we can make a strong offer!
We can also look to see if we can do a structured funding(reverse).
email me at isosupport@fastadvancefunding.com.Last edited by FastAdvanceFunding; 09-28-2018 at 11:41 AM.
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09-19-2018, 10:39 AM #5
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
What is the Guarantors FICO score? Do they own the Real Estate or lease it? Any assets (obviously Floor Plan attaches to Inventory).
Have offers out over $1M on Auto Dealerships
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09-19-2018, 11:02 AM #6
- Join Date
- Aug 2018
- Posts
- 36
LoanMe works with all "For-Profit" industries and offers monthly payments. Your file could be a good fit for LoanMe. Feel free to give me a call at (949) 535-7384 or send us an email business.loans@loanme.com
LoanMe Small Business Loan Highlights:
•Broad Business Types: LoanMe does not have a restricted merchant list. We welcome all “For-Profit” businesses. From traditional retail stores to online and home-based businesses, LoanMe can fund them all*. The business must be opened for a minimum of 90 days with an active business bank account and the owner must have a 500+ FICO.
•We Lend Businesses More: Based on affordability; with lower monthly payments and longer terms, Businesses can typically afford Higher Loans with LoanMe. Loan sizes range from $3,500 to $250,000. Just 25% minimum ownership requirement for the applicant signing the PG; means more chances for the business to get a offer that works for them!
•Affordable Payments: Loan terms from 24 to 120 months make the monthly payment lower and more affordable. With fixed monthly ACH payments, borrowers no longer have to worry about daily or weekly re-payment schedules.
•No Pre-Payment Penalties: Businesses can pay off as soon as they’d like, allowing them to save on interest controlling their total cost of capital and renew faster.
•Same Day Funding: Best of all, these loans can be funded in as soon as 2 hours! ** Now that’s fast funding!
•LoanMe Partner Portal: Get status updates when you need them. LoanMe’s partner portal displays the information you need on the leads you submit. Track and submit New Leads all through the simple to use LoanMe Partner Portal. Any additional questions? email us at business.loans@loanme.com or call 949-535-7798 for support.
•Partner Support: Tired of not being able to reach your “dedicated account rep”? LoanMe’s partner support works as a team; and we are here to help! You can reach us at 949-535-7798 or email us at business.loans@loanme.com for the fastest response.
* Approvals based on state-by-state lending laws and LoanMe UW guidelines.
**Final approval must be given and loan documents signed before 4:00pm EST for same day funding.
Download our program guide here:
https://www.dropbox.com/s/3ib20h9zxp...12.18.pdf?dl=0Pooja Nene
LoanMe, Inc
949-535-7384
Email: Pooja.Nene@LoanMe.com
1900 S State College Blvd. Suite 300
Anaheim, CA 92806
Website: www.loanme.com
SBL Information: www.loanme.com/SBL-partner
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