Any lenders big on financing Car Fleet Purchasign for Dealership in Bus for 10 years
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  1. #1
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    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

  2. #2
    Senior Member Reputation points: 29542
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    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?

  3. #3
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    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.

  4. #4
    Quote Originally Posted by MrAdvance View Post
    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.
    how about the guy Jayson Yunason from your office. I have not had great experiences with him

  5. #5
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    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!

  6. #6
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    dm me

  7. #7
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    We love auto deals!
    JK@funduracap.com

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