[microboby]

Merchant has a small AMEX loan , good deposits over $200K x month , Used Autosales , 15 NSF's in 3 months , Who can do with B paper terms ? IOU is no longer funding the SIC

Thanks

[ESE5020]

We fund these type of deals, although we are conservative with Used Auto Sales. I should be able to offer something

[golf2014]

175k 60 days 1.70

[Yankeeman07]

Merchant has a small AMEX loan , good deposits over $200K x month , Used Autosales , 15 NSF's in 3 months , Who can do with B paper terms ? IOU is no longer funding the SIC

Thanks

Amount of funding are they seeking?

[RichardGerard]

It is our experience that real banks do NOT care about Floor Plans (Next Gear etc.), or negative days/NSF's, and are more likely to lend in the used auto space than the folks in the MCA space. High Risk players will do the deal but it will likely be in the high 1.4's for less than 100 days.

That the client has an Amex deal likely means that credit is decent. If they are profitable-I would think about prequalifying them for a real loan (30-60 days), and arrange a Bridge advance to get them to the finish line.

Feel free to touch base on these types of deals..

Richard Gusmano, Founder & CEO

Business Capital Consultants Corp
3237 Rt 112 Suite 9
Medford, NY 11763
rg@businesscapitalconsultants.com
Mobile: 516 510 3855
Office: 631-880-7501

[freeprocessing]

Merchant has a small AMEX loan , good deposits over $200K x month , Used Autosales , 15 NSF's in 3 months , Who can do with B paper terms ? IOU is no longer funding the SIC

Thanks

IDK about the 15 NSF's but pearl, inAdvance, RDM, are your B paper car dealership lenders.

[paulypubco]

send to deals@mainstreetcash.com

[James Katz]

100 percent will fund it its james from high five funding we fund defaults declines over leveraged merchants any type of deal we beat any offer aprove 95 percent of the files that come in any file deposting over 10k a month no matter what the case is try me out with any deal 347 301 4568 CALL AT ANY TIME FOR 25 -30 MIN APPROVALS MAX WE DO FUND CLEAN FILES AS WELL !!! WE BEAT ANY OFFER MONEY WISE