B Lender that funds auto dealerships
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  1. #1

    B Lender that funds auto dealerships

    Looking for a B lender that funds to auto dealerships. New and used automobiles.

  2. #2
    Veteran Reputation points: 159073 J.Celifarco's Avatar
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    Accord could be a good fit if the deal matches their criteria for the industry. I know they need to have a website that shows inventory and also have a certain amount of inventory in stock. There are a few other things they look for but I would send it there and see what happens
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

  3. #3
    Senior Member Reputation points: 70961
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    Quote Originally Posted by J.Celifarco View Post
    Accord could be a good fit if the deal matches their criteria for the industry. I know they need to have a website that shows inventory and also have a certain amount of inventory in stock. There are a few other things they look for but I would send it there and see what happens
    RDM all the way. I believe on auto the credit has to be 650, but confirm with Avraham.

    Avraham Sharaby
    Director of Business Development

    RDM Capital Funding
    777 Passaic Ave, Suite 375
    Clifton, NJ 07012

    Phone: 973-500-6692
    Fax: 877-837-6080
    Cell: 443-416-2765
    Asharaby@RDMCapitalFunding.com
    www.RDMCapitalFunding.com

  4. #4
    Senior Member Reputation points: 6957 ESE5020's Avatar
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    we don't qualify as a B funder, but we do fund auto dealerships, if you run out of options in the B funder world, feel free to submit to Submissions@EastShoreEquities.com
    East Shore Equities, LLC
    Tel: (516) 784-4298 | Fax: (516) 231-5590
    www.EastShoreEquities.com

  5. #5
    Quote Originally Posted by freeprocessing View Post
    RDM all the way. I believe on auto the credit has to be 650, but confirm with Avraham.

    Avraham Sharaby
    Director of Business Development

    RDM Capital Funding
    777 Passaic Ave, Suite 375
    Clifton, NJ 07012

    Phone: 973-500-6692
    Fax: 877-837-6080
    Cell: 443-416-2765
    Asharaby@RDMCapitalFunding.com
    www.RDMCapitalFunding.com
    Thanks for the shoutout! For clean auto sales we fund 1st and 2nd position with a minimum FICO requirement of 630. We are generally very competitive in all industries (besides financial and legal) and are most competitive in 2nd and 3rd position, 8-9 month deals. Please feel free to reach out for more info
    Avraham Sharaby
    Director of Business Development

    Fintap
    777 Passaic Ave, Suite 375
    Clifton, NJ 07012


    Phone: 973-500-6692
    Cell: 443-416-2765

    Asharaby@Fintap.com
    www.Fintap.com

  6. #6
    Senior Member Reputation points: 3366 Accord Business Funding's Avatar
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    Quote Originally Posted by J.Celifarco View Post
    Accord could be a good fit if the deal matches their criteria for the industry. I know they need to have a website that shows inventory and also have a certain amount of inventory in stock. There are a few other things they look for but I would send it there and see what happens
    Thanks for referring us John.

    summit22, shoot me an email and I'll send over Accord's auto dealer underwriting guidelines. kdinh@accordbf.com
    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/

  7. #7
    Chrome will fund if auto dealer is grossing at least $1m per month. Offer will be aggressive on large files. Also no need to submit any statements or app. Go to site and use the “Merchant Qualifier.”

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