ISO Lender Auto Dealer 3.5M a month
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  1. #1

    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.

  2. #2
    Senior Member Reputation points: 84416
    Join Date
    Mar 2014
    Location
    Florida
    Posts
    2,947

    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

  3. #3
    steve@landmarkfundgroup.com

    Will be short term though.

  4. #4
    Member 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.

  5. #5
    Give is a shot!!
    Green Fund NY
    Info@greenfundny.com
    845-693-0433
    276 5th Ave. STE 704
    New York, NY 10001

  6. #6
    Senior Member 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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