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  1. #1
    Senior Member Reputation points: 5633
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    Mar 2019
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    104

    Used Auto

    Looking for a home for decent used auto deal.

    Credit 740-760
    TIB: 3 years
    Monthly Gross: 600k
    No negative days

    1 position outstanding total balance is 40-50k

    Ideal scenario: Client is looking for a 6 figure plus offer on a first position deal.

  2. #2
    Senior Member Reputation points: 6957 ESE5020's Avatar
    Join Date
    Oct 2017
    Posts
    331

    not sure about the ideal scenario, but willing to look and give you an offer pending credit pull. Send to Submissions@EastShoreEquities.com
    East Shore Equities, LLC
    Submissions@EastShoreEquities.com
    Tel: 516-231-5595 | Fax: 516-231-5590
    www.EastShoreEquities.com

  3. #3
    I can probably get you the 6 figure offer, but I'm not paying another company off. Feel free to reach out if I can be of any help.
    Anthony
    Senior Funding Coordinator
    Anthony@fundersconnect.com
    Direct: 201-523-2596
    Fundersconnect Is An Approved Vendor of Delta Bridge Funding Products

  4. #4
    Senior Member Reputation points: 27404
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    Dec 2015
    Location
    Texas
    Posts
    552

    Quote Originally Posted by ryanh View Post
    Looking for a home for decent used auto deal.

    Credit 740-760
    TIB: 3 years
    Monthly Gross: 600k
    No negative days

    1 position outstanding total balance is 40-50k

    Ideal scenario: Client is looking for a 6 figure plus offer on a first position deal.
    Do they have a maintenance center? and is it new & used car? who do they have there floor plan with?
    Steven Jones
    www.davincinc.com
    Steven@davincinc.com
    PH: 210-290-4102
    "We can beat your offer!"

  5. #5
    Senior Member Reputation points: 5633
    Join Date
    Mar 2019
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    104

    No maintenance, used only. Have to confirm on floor plan but if I recall they may use NextGear capital

  6. #6
    Senior Member Reputation points: 5633
    Join Date
    Mar 2019
    Posts
    104

    Quote Originally Posted by Davincinc View Post
    Do they have a maintenance center? and is it new & used car? who do they have there floor plan with?

    No maintenance, used only. Have to confirm on floor plan but if I recall they may use NextGear capital

  7. #7
    Senior Member Reputation points: 212
    Join Date
    Aug 2017
    Location
    NYC/Miami
    Posts
    112

    Deff something we would look at. Auto is a restricted industry, but if it does volume it could get a decent offer.

    Eli
    APP FUNDING
    929 367 1042
    Eli@appfunding.com

  8. #8
    As long as banking is clean, this should be a perfect fit for us at RDM Capital. Feel free to reach out to me on my cell phone 443-416-2765.

  9. #9
    Senior Member Reputation points: 29177
    Join Date
    Aug 2018
    Posts
    696

    Quote Originally Posted by ryanh View Post
    Looking for a home for decent used auto deal.

    Credit 740-760
    TIB: 3 years
    Monthly Gross: 600k
    No negative days

    1 position outstanding total balance is 40-50k

    Ideal scenario: Client is looking for a 6 figure plus offer on a first position deal.
    Im a broker, but if you want 100k+, 9-10 month, 1.26 br, 15 pt upsell, pm me and send me this deal

  10. #10
    Senior Member Reputation points: 47257
    Join Date
    Apr 2013
    Location
    Basalt CO
    Posts
    867

    I just got bank statments from a merchant who is a used car dealer, and On Deck Funded him $17k. Weekly pulls were on his bank statements.

    I had no idea ODC did used car lots.
    I put my contact info in here, and
    was bombarded with spam from funders
    if you need to reach me PM me

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