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10-21-2022, 01:23 PM #1Member
Reputation points: 10
- Join Date
- Sep 2021
- Posts
- 31
Looking To Purchase Luxury Autos To Rent Out Under Turo Car Rental Program
Business Looking To purchase Additional Luxury Vehicles To Rent Out Under Turo Car Rental Program
Currently Rents a Fleet of 12 Cars, Looking To Expand Fleet
Looking For a line of $750k
$350k will be used to payoff Loans against current cars in fleet (FMV = $500k)
Other $400k will be used to purchase more vehicles for fleet
What lender might be interested in this type of deal
Rich Rose
Rainstar Capital Group
rich@rainstarcapitalgroup.com
602 309-1007
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10-21-2022, 02:42 PM #2Senior Member
Reputation points: 72961
- Join Date
- Sep 2021
- Location
- Irvine, CA
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- 2,265
I think my guy already looked at this deal and sent them an approval.
Is this for client in TX?
Owner name is Armando?Steve Benjamin
Professional Business Loans
522 Contessa
Irvine, CA 92620
steveprobiz@gmail.com
https://probizloans.net/
Broker, Underwriter, general business loan expert
949.228.1050
@ 24 hour funding working capital loans
@ Term loans from 3 years to 10 years at 9.5% and up
@ Equipment financing up to 7 years
@ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
@ SBA loans - 7A and 504.
@ Private money equity and debt for major investments
@ Personal Loans up to gross income from personal tax return.
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10-21-2022, 06:50 PM #3Member
Reputation points: 10
- Join Date
- Sep 2021
- Posts
- 31
nope - not in Texas
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10-21-2022, 10:13 PM #4Senior Member
Reputation points: 72961
- Join Date
- Sep 2021
- Location
- Irvine, CA
- Posts
- 2,265
Well my guy can do it if you want to reach out to me...I'll introduce you....
Steve Benjamin
Professional Business Loans
522 Contessa
Irvine, CA 92620
steveprobiz@gmail.com
https://probizloans.net/
Broker, Underwriter, general business loan expert
949.228.1050
@ 24 hour funding working capital loans
@ Term loans from 3 years to 10 years at 9.5% and up
@ Equipment financing up to 7 years
@ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
@ SBA loans - 7A and 504.
@ Private money equity and debt for major investments
@ Personal Loans up to gross income from personal tax return.
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10-24-2022, 09:59 AM #5Member
Reputation points: 10
- Join Date
- Sep 2021
- Posts
- 31
sure - please advise
Rich Rose
Rainstar Capital Group
rich@rainstarcapitalgroup.com
602 309-1007
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10-24-2022, 10:12 AM #6Senior Member
Reputation points: 72961
- Join Date
- Sep 2021
- Location
- Irvine, CA
- Posts
- 2,265
Rich...I'll look it over and see what options we have for your client.
Steve Benjamin
Professional Business Loans
522 Contessa
Irvine, CA 92620
steveprobiz@gmail.com
https://probizloans.net/
Broker, Underwriter, general business loan expert
949.228.1050
@ 24 hour funding working capital loans
@ Term loans from 3 years to 10 years at 9.5% and up
@ Equipment financing up to 7 years
@ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
@ SBA loans - 7A and 504.
@ Private money equity and debt for major investments
@ Personal Loans up to gross income from personal tax return.
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10-25-2022, 04:45 PM #7Senior Member
Reputation points: 10476
- Join Date
- Nov 2019
- Posts
- 672
How much is he doping how are the daily balances and how long has he been in business.
Originally Posted by Richr7az
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10-25-2022, 04:47 PM #8Senior Member
Reputation points: 10476
- Join Date
- Nov 2019
- Posts
- 672
How much is his monthly revenue. What are the daily balances and how long has he been in business. Originally Posted by Richr7az
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