Results 1 to 13 of 13
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12-23-2022, 12:52 PM #1
- Join Date
- Jun 2021
- Location
- miami
- Posts
- 436
Anyone left who still does car dealer ships?
Have a merchant with 750+ credit perfect mca payment history looking for a first but shes a car dealership. she usually has a first position a paper deal on 1-2 years but had to forego renewing it in Lui of buying a new property for her dealership. are there any A paper lenders or B paper lenders who will still look at a car dealership?
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12-23-2022, 01:11 PM #2
24 Capital does car dealerships.
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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12-23-2022, 01:13 PM #3
- Join Date
- Jun 2021
- Location
- miami
- Posts
- 436
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12-23-2022, 01:24 PM #4
Yeah...I know, I know....
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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12-23-2022, 01:47 PM #5
- Join Date
- Jun 2022
- Posts
- 86
Hi,
this is Eugene from Equita Advance. We normally don't do car dealerships but since this one has a history, we can take a look at it. how much do they do in revenue.
eugene@equitaadvance.com
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12-27-2022, 10:15 AM #6
- Join Date
- Oct 2022
- Posts
- 5
i believe TBF does 500k a month and above
reach out to scott@tbfgrp.com
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12-27-2022, 11:45 AM #7
- Join Date
- Oct 2022
- Posts
- 2
Amerifi Capital
Amerifi does car dealerships but not 1st positions, shoot me an email if you put someone in and need a 2nd
Jason@amerificapital.com
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12-27-2022, 12:27 PM #8
- Join Date
- Nov 2019
- Posts
- 692
I do car dealerships but need tax returns on submission due to very high cost of goods and we cap at 6 months. But our renewals do not get refinance and work kind of like a line of credit.
Scott Platto
scott@tmrnow.com
tmrnow.com
212-220-9872
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12-27-2022, 06:44 PM #9
- Join Date
- Jun 2021
- Location
- miami
- Posts
- 436
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12-28-2022, 12:02 PM #10
- Join Date
- Jun 2022
- Posts
- 9
we can take a look. we do auto sales over 100k per month
submissions@americanchoicecapital.com
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01-04-2023, 12:48 PM #11
- Join Date
- May 2022
- Posts
- 98
We do but ask for 150k min rev.
Lendbug Is Now Doing Asset Based Funding !!!
We have revamped our lending criteria for aggressive offers and maximum deal flow. We pride ourselves on being extremely creative and flexible.
Our Asset Based Lending Criteria:
- Non-primary residences only
- Commercial and investment properties only
- funding up to 50% LTV
- Up to 18 month terms
- Funding in as quickly as 5 days
- 10 point commission
Our MCA Criteria:
- As low as 2k micro 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.
ISO Agreement Link Bellow;
https://na4.docusign.net/Member/Powe...db752ace08&v=2
Michael Ross
Lendbug LLC
New York, NY
Mross@lendbug.com
646-360-0411
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01-10-2023, 11:05 AM #12
del
--
Zohar Avshalom
263 Tresser Blvd, 9th Floor, Stamford, CT 06901
ISO Relations
American Choice Capital
917-267-9182
Zohar@americanchoicecapital.com
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01-10-2023, 11:15 AM #13
Windgate Capital:
Industries We Specialize in:
Construction
Hotels/Hospitality
Trucking/Transport
Healthcare/Medical
Auto Repair / Auto Sales
Food Service (Restaurants,Catering)
Scott King
Sr. Funding Coordinator
Windgate Capital
Direct516) 400-2062 ǀ Fax: (347) 708-8699
Scott@WindgateCapital.com
https://www.WindgateCapital.com/Last edited by Olderguy; 01-10-2023 at 02:02 PM.
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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