Results 1 to 7 of 7
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08-04-2021, 03:34 PM #1
Reputation points: 2164
- Join Date
- Oct 2020
- Location
- Ontario,Canada
- Posts
- 141
Any lenders big on financing Car Fleet Purchasign for Dealership in Bus for 10 years
At present we do not do that much work in the Car Dealership funding arena
Is this a frowned upon by industry Lenders or are there any Lenders out there
successful in providing funding programs for Car Dealership Purchasing New Inventory
G2eFunding
Thank you
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08-04-2021, 03:58 PM #2
Reputation points: 29542
- Join Date
- Jun 2021
- Location
- miami
- Posts
- 436
thatll be hard but i might have a refferal depending on the deal
is it new or used car?
do they have a floor plan?
do they have a service center?
how many units a month do they move and what is average revenue after the floor plan is accounted for if they have one?
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08-05-2021, 01:18 PM #3
Reputation points: 10
- Join Date
- Mar 2021
- Location
- Queens
- Posts
- 17
Not frowned upon, but the revenue requirements for car dealerships are much higher then other industries. For example at Mr.Advance a car dealership should have at least 250k/month revenue VS 75k/m for construction and VS 25k/m all others.
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08-05-2021, 06:10 PM #4
Reputation points: 16523
- Join Date
- Apr 2020
- Posts
- 193
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08-06-2021, 03:54 PM #5
Reputation points: 30
- Join Date
- Nov 2014
- Location
- Fort Lauderdale, FL
- Posts
- 66
Try LoanMe. They love dealerships and can do long term with monthly payment.
Good luck.William R. Mateo
Mateo Capital Group
Tel: (954)802-2833|Fax: (888)860-1508
http://www.mateocapitalgroup.com
Supporting Common Sense Financing!
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08-09-2021, 05:07 PM #6
Reputation points: 10
- Join Date
- Apr 2021
- Location
- Greenwich CT
- Posts
- 13
dm me
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08-11-2021, 11:44 AM #7
Reputation points: 72
- Join Date
- Apr 2018
- Location
- Aspen, Co
- Posts
- 30
We love auto deals!
JK@funduracap.com
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