Vehicle Refinance
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  1. #1

    Vehicle Refinance

    Anyone interested in this deal?

    Business info:

    Residential remodeler / contractor in CA

    High 6's - 700 FICO

    Revenue: $105k - $160k per month

    The merchant has 2 vehicles in his personal name which he wants to start financing through the business

    Vehicle 1: Nissan Frontier payoff amount $19k

    Vehicle 2: Chevy Silverado payoff amount $19k

  2. #2
    WE CAN GET HIM AN MCA ---- UFS

    we dont do vehicle refinancing ... Give me a call so we can discuss it

    James@ufsfunding.com


    James Ghoori
    VP Iso relations
    Unique Funding Solutions
    Cell- (917)543-1545
    Work-(516)218-1089
    Fax-347-549-4296
    http://www.ufsfunding.com/
    image.png
    Last edited by hamito; 06-11-2019 at 03:31 PM.

  3. #3
    Member Reputation points: 28
    Join Date
    Nov 2015
    Location
    Long Beach, CA
    Posts
    54

    Is he just looking to have those vehicles under the business or is he looking to lower the interest rate on the current loans? A purchase through the business is possible for this client but because of the type of collateral it is the lease factor or interest rate will translate to around 17-22% typically generally more expensive than consumer.

  4. #4
    he wants the vehicles under the business name. he said he wasn't too concerned with the difference in rate.

  5. #5
    Senior Member Reputation points: 27404
    Join Date
    Dec 2015
    Location
    Texas
    Posts
    552

    Quote Originally Posted by Jupiter Funding View Post
    he wants the vehicles under the business name. he said he wasn't too concerned with the difference in rate.
    get him an mca and not worry aout what he uses the money for.
    Steven Jones
    www.davincinc.com
    Steven@davincinc.com
    PH: 210-290-4102
    "We can beat your offer!"

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