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  1. #1
    Senior Member Reputation points: 47257
    Join Date
    Apr 2013
    Location
    Basalt CO
    Posts
    867

    Car wash looking for $150k

    I have a hand car wash that is doing around $350k a month. Has funding out and is getting a 1.19 over 12 months.

    Besides credit cash, anyone doing terms like this?

    Thanks for any suggestions
    I put my contact info in here, and
    was bombarded with spam from funders
    if you need to reach me PM me

  2. #2
    Senior Member Reputation points: 6278
    Join Date
    Mar 2016
    Posts
    186

    Quote Originally Posted by skideeppow View Post
    I have a hand car wash that is doing around $350k a month. Has funding out and is getting a 1.19 over 12 months.

    Besides credit cash, anyone doing terms like this?

    Thanks for any suggestions
    We just did 150K/1.14 buyrate on 12 months but the guy had 800+ FICO.

  3. #3
    Senior Member Reputation points: 216519
    Join Date
    Feb 2017
    Posts
    3,334

    Credibly

  4. #4
    Senior Member Reputation points: 29456
    Join Date
    Jun 2021
    Location
    miami
    Posts
    432

    Quote Originally Posted by skideeppow View Post
    I have a hand car wash that is doing around $350k a month. Has funding out and is getting a 1.19 over 12 months.

    Besides credit cash, anyone doing terms like this?

    Thanks for any suggestions
    what State?

  5. #5
    Senior Member Reputation points: 5633
    Join Date
    Mar 2019
    Posts
    104

    There is atleast 4 companies I can think of off hand that will do 1.19 12 month deals. Your not making more then a point or two there anyways, stay close tell him to take it and fund the 2nd.

  6. #6
    Senior Member Reputation points: 6278
    Join Date
    Mar 2016
    Posts
    186

    Quote Originally Posted by ryanh View Post
    There is atleast 4 companies I can think of off hand that will do 1.19 12 month deals. Your not making more then a point or two there anyways, stay close tell him to take it and fund the 2nd.
    Depending on credit and TIB you could walk away with 5 points at 1.19 sell.

  7. #7
    Is the client needing longer terms? I can get 5-7 year term, unsecured, up to $400,000. Let me know if this interests your client. Thank you.

    Brandon Dressler
    brandon@preferredfundinggroup.com
    8158780244

  8. #8
    SOS/Mulligan can pull it off

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