Results 1 to 5 of 5
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06-11-2019, 03:20 PM #1
- Join Date
- Jan 2019
- Posts
- 4
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
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06-11-2019, 03:27 PM #2
- Join Date
- May 2019
- Posts
- 29
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.pngLast edited by hamito; 06-11-2019 at 03:31 PM.
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06-11-2019, 04:31 PM #3
- 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.
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06-12-2019, 09:26 AM #4
- Join Date
- Jan 2019
- Posts
- 4
he wants the vehicles under the business name. he said he wasn't too concerned with the difference in rate.
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06-12-2019, 01:08 PM #5
- Join Date
- Dec 2015
- Location
- Texas
- Posts
- 552
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