AutoDealer - $800k month
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  1. 05-08-2019, 12:09 PM #1
    Sachip24
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    AutoDealer - $800k month

    Who can fund auto dealer been in business slightly over one year. Opening up two more locations needs about 200k. Has 1st position balance of about 100k currently. Monthly deposits average between $700-800k monthly. Month end balances always $90-$100k. Never any negative days. Credit is 680.
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  2. 05-08-2019, 01:03 PM #2
    ESE5020
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    Should be able to get close to 100k here if all checks out, not sure if it will be the term you want, but feel free to send in Submissions@EastShoreEquities.com
    East Shore Equities, LLC
    Tel: (516) 784-4298 | Fax: (516) 231-5590
    www.EastShoreEquities.com
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  3. 05-08-2019, 01:35 PM #3
    golf2014
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    Lol...god
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  4. 05-08-2019, 02:56 PM #4
    freeprocessing
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    RDM-They are A-B paper shop. They specialize in 2nd positions and they fund auto dealers. I believe minimum credit is 650 but call him just to verify.

    asharaby@rdmcapitalfunding.com
    Phone: 973-500-6692
    Cell: 443-416-2765
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  5. 05-08-2019, 04:02 PM #5
    DannyFoxCap
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    We fund new auto dealers, not used. Our specialty is 2nd and 3rd positions.
    Direct: 347-468-7528
    Cell: 305-753-3967
    Fax: 866-557-0455
    Email: Danny@foxbusinessfunding.com
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  6. 05-09-2019, 10:59 AM #6
    golf2014
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    He isnt getting much, thats why 1st is so low
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  7. 05-09-2019, 12:10 PM #7
    Sachip24
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    Quote Originally Posted by golf2014 View Post
    He isnt getting much, thats why 1st is so low
    he only needed 70k for the service and parts area he added to his location so that is what he took. He was offered a lot more.
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  8. 05-09-2019, 12:28 PM #8
    FroFunds
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    Strategic/Kapitus has funded deals like this for me before. Good luck.
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  9. 05-09-2019, 03:41 PM #9
    LondonNyc
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    Quote Originally Posted by Sachip24 View Post
    Who can fund auto dealer been in business slightly over one year. Opening up two more locations needs about 200k. Has 1st position balance of about 100k currently. Monthly deposits average between $700-800k monthly. Month-end balances always $90-$100k. Never any negative days. Credit is 680.
    Sounds like something we would be interested in funding, We are very competitive at 2nd and 3rd positions.
    Eli
    App Funding
    eli@appfunding.com
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  10. 05-09-2019, 03:47 PM #10
    Jayson Yunason
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    Quote Originally Posted by Sachip24 View Post
    Who can fund auto dealer been in business slightly over one year. Opening up two more locations needs about 200k. Has 1st position balance of about 100k currently. Monthly deposits average between $700-800k monthly. Month end balances always $90-$100k. Never any negative days. Credit is 680.
    If the merchant hasn’t had any trouble with MCA’s in the past I can get him something close to what he’s looking for
    Jayson@mradcvancellc.com
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  11. 05-11-2019, 12:50 PM #11
    Zonefund
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    Quote Originally Posted by FroFunds View Post
    Strategic/Kapitus has funded deals like this for me before. Good luck.
    Kapitus funds auto dealers?
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