Used Car Delaer/Auto Body
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  1. #1
    Senior Member Reputation points: 47257
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    Apr 2013
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    Basalt CO
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    Used Car Delaer/Auto Body

    I have a merchant doing 65-115k a month, doing used car and auto body work. Has a balance of $17k, i got him a second for 10k but he needs between 15-20k for a paint box.
    I have sent it all over with no luck, because of industry restrictions.
    Sent to Vader, Mantis, Pearl, Principus. Anyone else i should look at?
    I put my contact info in here, and
    was bombarded with spam from funders
    if you need to reach me PM me

  2. #2
    Banned Reputation points: 10108
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    Apr 2013
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    245

    send it to new chance.

  3. #3
    Senior Member Reputation points: 6957 ESE5020's Avatar
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    Oct 2017
    Posts
    331

    No industry restrictions, we fund used auto sales
    East Shore Equities, LLC
    Submissions@EastShoreEquities.com
    Tel: 516-231-5595 | Fax: 516-231-5590
    www.EastShoreEquities.com

  4. #4
    skideeppow i can defintely help you out on that we are very high risk lenders will throw 20-40k if thats the case pm me if you want me to take a look

  5. #5
    Bfs
    Adam Ward
    911 Ave U
    Brooklyn NY 11235
    adam@Funding-Zone
    347-269-1598

  6. #6
    Senior Member Reputation points: 66673
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    Jul 2017
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    Quote Originally Posted by skideeppow View Post
    I have a merchant doing 65-115k a month, doing used car and auto body work. Has a balance of $17k, i got him a second for 10k but he needs between 15-20k for a paint box.
    I have sent it all over with no luck, because of industry restrictions.
    Sent to Vader, Mantis, Pearl, Principus. Anyone else i should look at?
    RDM does auto but they are not high risk. They are a B paper shot. Maybe yellow? Last Chance is hit or miss with the offer amount. I think they fund auto as well. Who is the approval from? If it is from pearl or Principus then send it to RDM and tell them what you need to close the deal. If it is from the other shops, try the other lenders listed.

  7. #7
    Senior Member Reputation points: 3366 Accord Business Funding's Avatar
    Join Date
    Feb 2016
    Location
    Houston, Texas
    Posts
    152

    Accord Auto Sales UW Guidelines:

    - In business for at least 5 years. Same owner, same company (not necessarily at the same location)
    - Owner must have credit 650 or higher
    - Must have active website showing current inventory
    - Minimum of 40 vehicles inventory shown on website
    - Has floor plan provider

    Let me know if we can help
    Kevin Dinh

    3131 Eastside Street, Suite 350
    Houston, TX 77098
    P: 713-322-9743
    Email: kdinh@accordbf.com
    Web: https://go.accordbf.com/DF-Partners/

  8. #8
    Senior Member Reputation points: 81657
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    Mar 2014
    Location
    Florida
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    Quote Originally Posted by skideeppow View Post
    I have a merchant doing 65-115k a month, doing used car and auto body work. Has a balance of $17k, i got him a second for 10k but he needs between 15-20k for a paint box.
    I have sent it all over with no luck, because of industry restrictions.
    Sent to Vader, Mantis, Pearl, Principus. Anyone else i should look at?
    Equipment Lease - maybe possible
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  9. #9
    That is something that we can fund - Send it over and ill see what we can do
    Ben Terner
    VP of ISO Relations
    Direct: 248-341-9789
    Email: bterner@cooperasset.com
    Web: www.cooperasset.com


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