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  1. #1

    Auto Sales Merchant Looking for 35k

    Looking for a first position, credit is 620, does 130K in deposits, Has some NSFs, looking for 35K! Where are my direct funders that like these types of files?

  2. #2
    Senior Member Reputation points: 1519
    Join Date
    Aug 2020
    Location
    New York, NY
    Posts
    123

    ClearFund funds used auto dealers 1st positions. it would depend on a lot more than what you mentioned in your post, but based on the rev you mentioned we can probably do something in the range of 15-30k

    send us an email at deals@clearfund.co or parrtners@clearfund.co

    Thanks.
    Underwriting Desk | ClearFund Solutions | New York, NY.
    P: 855-543-2133 E: deals@clearfund.co W: www.clearfund.co
    _____________________________

    ClearFund is a Direct Funder
    ISO inquires: partners@clearfund.co

  3. #3
    Quote Originally Posted by SuperCloser View Post
    Looking for a first position, credit is 620, does 130K in deposits, Has some NSFs, looking for 35K! Where are my direct funders that like these types of files?
    Send me over statements if they are still looking for funding.

    Spartan Capital funds all industries.


    Matt Spinelli
    ISO Manager
    Spartan Capital
    201-907-4042
    matt@spartancapitalgroup.com

  4. #4
    Member Reputation points: 895
    Join Date
    Feb 2020
    Location
    Anaheim, CA
    Posts
    85

    LoanMe has no industry restrictions so long as it's a FOR PROFIT business.

    We offer a Small Business Loan product in 29 states + DC with simple interest rates as low as 39% over a ten year term with NO early repayment penalties or fees of any kind.

    We also offer an MCA product in the remaining 21 states with buy rates starting at a 1.14 and terms as long as 12 months, with a daily or weekly option for all pre-qualified files.

    If you'd like more info or to inquire about an ISO partnership, please reach out via the E-mail below.

    Thanks!
    Joel S Galasso
    Senior National Accounts Manager
    Small Business Loans
    Main: 949-535-7798 | business.loans@loanme.com

    1900 S. State College Blvd. Suite 300 Anaheim, CA 92806

  5. #5
    Senior Member Reputation points: 4262 Magicmike18's Avatar
    Join Date
    Aug 2020
    Location
    7125 Peri Lane Brooklyn Ny 11234
    Posts
    113

    I'd take a look at this as long as the nsfs aren't excessive

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