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  1. #1

    Auto Sales 1.3m monthly rev

    Hey DF,

    Who's doing auto sales, new and used autos, monthly rev about 1.3 million a month, merchant has 2 A paper funders in there and good payment history. Already have short term - 100 day offers. Is anyone approving good deals for this industry?

  2. #2
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    Lendora

  3. #3
    Senior Member Reputation points: 9885
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    Quote Originally Posted by FunderFunding View Post
    Lendora
    Do you have a contact there to sign up as an ISO?

  4. #4
    depending on balances i would go out to 7 months on a 3rd if the numbers are right

  5. #5
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    Quote Originally Posted by Essential$$$ View Post
    Hey DF,

    Who's doing auto sales, new and used autos, monthly rev about 1.3 million a month, merchant has 2 A paper funders in there and good payment history. Already have short term - 100 day offers. Is anyone approving good deals for this industry?
    Hello,

    Please send me an email. I'd like to discuss with you.

    Thanks,

    Lily Taylor

    Office | (646) 582-8933
    Cell| (917) 470-2274
    | Fax | (888) 894-3518 or (212) 706-0117

    | Email | LMartin@ProsperumFunding.Com

  6. #6
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    Send it over

  7. #7
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    Sounds like this is a prefect fit for hybrid
    Email us today kevin@hybridadvancellc.com

  8. #8
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  9. #9

    Send it to Supreme

    Send it over for a FAT third with a 6+ month term.
    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/

  10. #10
    I would like to take a look at it. Monica@BestLineFunds.com
    Monica Baker
    BestLine Business Funding
    www.BestLineFunding.com
    Monica@BestLineFunds.com
    352-484-6965


  11. #11
    Senior Member Reputation points: 66298 Olderguy's Avatar
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    Irvine, CA
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    I just submitted a merchant with auto sales for a term loan and uncollateralized SBA 7A up to $350,000. Biggest issue was DTI. Margin wasn't good enough. Have you considered that program?
    Steve Benjamin
    Professional Business Loans

    1012 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.

  12. #12
    Banned Reputation points: 10
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    Give pinnacle a shot, looks like something that will fit our box,

    email-michael@pinnacleadvances.com
    phone-917-780-7128

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