Results 1 to 6 of 6
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12-24-2019, 10:10 AM #1
Reputation points: 10
- Join Date
- Jul 2019
- Posts
- 6
ISO Lender Auto Dealer 3.5M a month
New car dealership, open 7.5 months doing 3.5M a month? looking for lenders aside from Knight, Yellow and Pearl.
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12-24-2019, 11:09 AM #2
Reputation points: 84416
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,952
Do they own or have equity in the property?
Amount of funding they are seeking?Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
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12-25-2019, 10:13 AM #3
Reputation points: 10
- Join Date
- Sep 2019
- Posts
- 5
steve@landmarkfundgroup.com
Will be short term though.
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12-26-2019, 09:59 AM #4
Reputation points: 112
- Join Date
- Nov 2015
- Location
- Chicago
- Posts
- 29
If it is a new car dealership, why don't they utilize a floorplan lender like NextGear Capital? This is assuming that the capital is not for expansion, since the business has only been operational for 7.5 months.
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12-26-2019, 10:27 PM #5
Reputation points: 623
- Join Date
- Nov 2019
- Posts
- 45
Give is a shot!!
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12-27-2019, 12:54 AM #6
Reputation points: 49940
- Join Date
- Aug 2014
- Posts
- 620
I don't see anyone being more aggressive than us, pearl, or knight on a file like this. What's the reason we can't fund this for you?
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