Results 1 to 11 of 11
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11-22-2022, 12:00 PM #1
Reputation points: 10
- Join Date
- May 2022
- Posts
- 5
Used Auto, Auto Repair, Auto Sales, Trucking Industries
Any lenders funding these industries anymore?
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11-22-2022, 12:21 PM #2
24 Capital
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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11-22-2022, 12:50 PM #3
Reputation points: 22691
- Join Date
- Nov 2019
- Posts
- 819
My company tmrnow is fundingall types auto sales if they qualify. We need tax returns on submission due top high cost of goods for that industry. We cap at 6 months.
We have a lot of auto repair companies on our books.
Trucking needs at least three trucks and strong daily balances for us to fund them. We are capping that industry at 6 months for now.
Our first position deals work kind of like a line of credit where we do not refinance the old balances on renewals.
Scott Platto
scott@tmrnow.com
212-220-9872
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11-22-2022, 01:03 PM #4
Updated Revenue Requirements: $500k+ monthly for auto sales, $200k+ monthly for transport (must have at least 50% organic deposits, cannot be 100% factored), $75k+ monthly everything else. Processing time: 2 hours.
Contact info in the signature below. Thanks Steve for the shoutout203-705-8764
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11-22-2022, 01:06 PM #5
Reputation points: 27465
- Join Date
- Dec 2021
- Posts
- 699
Auto Repair: we are funding NON-STOP.. In fact there is a GOOD chance that after you get an offer (from others) you will see Capybara Capital come in and WIN the deal with our GREAT LONGER TERMS! with Buy-Rates to down-sell for competing offers or max upsells.
Used Auto: restrictedLast edited by MCA-VET; 11-22-2022 at 01:08 PM.
Marcus Clapman
Capybara Capital
marcus@capybarausa.com
www.capybarausa.com
646-708-5986 (Text Friendly!)
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11-22-2022, 02:03 PM #6
Reputation points: 99095
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 3,363
Dave Lambert, Business Development
Managed Services Provider
https://www.tsys.com
https://www.united-internet.com
https://www.nmi.com
dave@fcbankcard.com
Office: 727-233-1111
Skype: fc-financial
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11-22-2022, 04:23 PM #7
Reputation points: 573
- Join Date
- Jun 2022
- Posts
- 83
we would fund, as long as they have high revenue.
equita advance
eugene@equitaadvance.com
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11-22-2022, 05:11 PM #8
Reputation points: 1142
- Join Date
- May 2022
- Posts
- 96
Uphill battle but we still do them. get in touch.
Our funding Criteria:
- 5k minimum funding
- 6 month Min.time in business
- B, C, D paper
- Offers not based on credit score - low credit ok
- Response time (realistically) as low as 60 minutes
- 1st - 5th position - Up to 38% withhold of net deposits
- As low as 1.32 buy rates
- Terms up to 140 days (weekly's upon approval)
- Max Upsell to 15 points
- Early Payoff Discounts
- 15k a month average revenue
- Minimum of 5 deposits per month
- Minimal stips for contract (VC & ID)
- Docusign Contracts
- We also offer asset/inventory/accounts receivable backed term loans/lines of credit. Not MCA based. Bankable rates.
Michael Ross
Lendbug LLC
New York, NY
Mross@lendbug.com
646-360-0411
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11-23-2022, 11:09 AM #9
Reputation points: 12
- Join Date
- Sep 2022
- Posts
- 59
We do auto repair
Shoot me an email
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12-06-2022, 12:41 PM #10
Supreme Funding
We serve all industries
We specialize in funding:
Deals w prior Defaults
"Over Leveraged" deals
All Positions (as long as there is space)
Low FICO scores
and all other "difficult" deals
To submit a file or to request an ISO Agreement, kindly email underwriting@supremefunding.net.
I look forward to hearing from you.
Rasheed Miller
(917) 933-3095 (text or call)
https://supremefunding.net/
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03-07-2023, 05:26 PM #11
Reputation points: 10
- Join Date
- Jan 2023
- Posts
- 5
Good afternoon
I am with National Business Capital and yes this is one of our niches. We do have quick approval within a 24-hour time frame. Please let me know if you are interested, I have provided my information below. Thank you in advance.
Kind regards
Alicia
(678) 786-7201
aliciaj.businesscapital@gmail.com
https://www.nationalbusinesscapital....ner/?ref=99855
https://www.linkedin.com/in/alicia-josshua
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