USED CAR DEALER $5 Million PER YR- Who can do 12 months or more? or do dealerships?
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  1. #1

    USED CAR DEALER $5 Million PER YR- Who can do 12 months or more? or do dealerships?

    Who can fund a Used Car Dealer
    In Tx

    2.5 yrs in biz
    5M per Yr
    40,000 avg daily balance
    No business loans except floor plans
    Fico 707
    Wants up to 500K

    Who can do 12+ Months or more or if you do dealerships, tell me max term?

    Thanks
    Last edited by jeffcapital; 12-22-2014 at 04:01 PM.

  2. #2
    I can do used car dealers, but will need real estate as collateral to get them up to 500K.

    Do they have real estate we can use as collateral?

  3. #3
    No Real Estate Chris...

  4. #4

    fund deal

    I can have a direct lender fund the car deal. Also will give you higher pts on deal.

    Email me at Brandon.Mcfadden@nabancard.com

    I can have them funded well before the new year.

    Let me know!!

  5. #5
    I can get this done..PM me I specialize in used car dealerships

    Quote Originally Posted by jeffcapital View Post
    Who can fund a Used Car Dealer
    In Tx

    2.5 yrs in biz
    5M per Yr
    40,000 avg daily balance
    No business loans except floor plans
    Fico 707
    Wants up to 500K

    Who can do 12+ Months or more or if you do dealerships, tell me max term?

    Thanks

  6. #6
    Senior Member Reputation points: 290 1StopFunding's Avatar
    Join Date
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    Location
    Atlanta
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    294

    Is it Buy Here/Pay Here?
    Cheryl Tibbs- General Manager
    Equipment LeaseCo Inc
    www.equipmentleaseco.com

  7. #7
    Senior Member Reputation points: 68233
    Join Date
    Dec 2014
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    Quogue, NY
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    The vehicles will be the collateral.. Issues if there is an existing UCC 1 in place. Call for real answers.. Richard 516 510 3855

  8. #8
    Jeff I can get this guy at least 300k through a local lender in Texas. Please reach out to me and I will put you in touch.

    larry@goaccredited.com

    Larry Walker
    VP of Business Development

  9. #9

    USED CAR DEALER $5 Million PER YR- Who can do 12 months or more? or do dealerships?

    I just did a 146k 18 month advance with a 1.41 on a car dealership in CA doing the same numbers. Almost 20k commission, if you're interested.

  10. #10
    Senior Member Reputation points: 11553 Eagle Funding's Avatar
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    Oct 2014
    Location
    New York
    Posts
    385

    PM me, I want so more details, and I can go that term

  11. #11
    I can get this done, send me an email with more information. Thank-you!
    edreselly@wbl.com

  12. #12
    Senior Member Reputation points: 50583
    Join Date
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    Online
    Posts
    965

    Have you contacted QuickBridge?

  13. #13
    Member Reputation points: 10 Miguel martinez's Avatar
    Join Date
    Dec 2014
    Location
    Connecticut
    Posts
    52

    contact me i feel we might be able to do something for the merchant my info is located below
    Miguel Martinez
    Financial Coordinator

    World Business Lenders
    81 Market Square Unit 7
    Newington, CT 06111

    Toll-Free: (888) 441-9500 ext 235
    Efax: (646) 417-7150
    Mobile: (860) 759-6365
    Email: mmartinez@wbl.com

    www.wbl.com

  14. #14
    I've contacted quickbridge but haven't received a call back yet Kingsley

  15. #15
    I can definitely help you with this! Please contact me at funding@berkmanfunding.com
    We do deals like this everyday. Would love to help.
    Last edited by SK215; 01-23-2015 at 02:16 PM.

  16. #16
    Hey send me the file!!! We do great with auto sales here directly!!!!! Kmacdonald@wbl.com or call me (860) 436-5920 .

  17. #17
    Quote Originally Posted by jeffcapital View Post
    Who can fund a Used Car Dealer
    In Tx

    2.5 yrs in biz
    5M per Yr
    40,000 avg daily balance
    No business loans except floor plans
    Fico 707
    Wants up to 500K

    Who can do 12+ Months or more or if you do dealerships, tell me max term?

    Thanks
    I think I can get close...Matt...6467743317

  18. #18
    Senior Member Reputation points: 32550 Funder Mark's Avatar
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    Sep 2014
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    NYC
    Posts
    1,437

    Quote Originally Posted by matvillain View Post
    I think I can get close...Matt...6467743317
    Genius, look at the date!! This thread is from 2014!!!

  19. #19
    Senior Member Reputation points: 10944
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    New York, NY
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    1,203

    Alright alright easy there Marky Mark and Funded bunch...he's still YSC and I'll defend everyone of us.

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