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  1. 05-08-2023, 02:32 PM #1
    shieldfunding
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    Used cars

    is there a definitive guide on lenders who do this sic ...
    have 5 million a month used car dealer
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  2. 05-08-2023, 02:50 PM #2
    closer129
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    Quote Originally Posted by shieldfunding View Post
    is there a definitive guide on lenders who do this sic ...
    have 5 million a month used car dealer
    I will fund a used car dealer, I will need tax returns on submission due to really high cost of the cars. He may deposit 5 million a month but after the cost of the cars he might only be doing around a million or so a month and that is what we have to use as the true revenue. Company guidelines cap at 6 month terms to start with but we can renew them every 3 months or so like a line of credit where we will just extend the term out and the merchant does not pay for the new money until the old balance is finished.

    Scott Platto
    scott@tmrnow.com
    tmrnow.com
    212-220-9872
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  3. 05-08-2023, 03:14 PM #3
    shieldfunding
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    ..
    Last edited by shieldfunding; 05-08-2023 at 03:17 PM.
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  4. 05-08-2023, 03:16 PM #4
    closer129
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    Quote Originally Posted by shieldfunding View Post
    build your website first
    If you are talking about our company our website is built.
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  5. 05-08-2023, 03:31 PM #5
    shieldfunding
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    no mistake
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  6. 05-08-2023, 04:36 PM #6
    Olderguy
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    What do they need....that dollar volume is outside the people on this site.

    Email me a package and use of proceeds.
    Last edited by Olderguy; 05-08-2023 at 04:40 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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  7. 05-08-2023, 05:40 PM #7
    shieldfunding
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    Quote Originally Posted by Olderguy View Post
    What do they need....that dollar volume is outside the people on this site.

    Email me a package and use of proceeds.
    sure ill send it all the gmail account
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  8. 05-08-2023, 08:13 PM #8
    Olderguy
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    Quote Originally Posted by shieldfunding View Post
    sure ill send it all the gmail account
    Check out my website bro...if you did a bit of search on this site you might find that I have a lot of experience doing large loans, many of which are outside of the MCA arena.....
    Last edited by Olderguy; 05-09-2023 at 01:25 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.
    Reply With Quote Reply With Quote
  9. 05-09-2023, 10:13 AM #9
    Bcooper
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    Quote Originally Posted by shieldfunding View Post
    sure ill send it all the gmail account
    olderguy is actually the only person on this site who uses a gmail account that is legit, questioning that is kinda rude one look at his profile will tell you he's been here for a long time.
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  10. 05-09-2023, 10:17 AM #10
    BR-Nightmare
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    Quote Originally Posted by Bcooper View Post
    olderguy is actually the only person on this site who uses a gmail account that is legit, questioning that is kinda rude one look at his profile will tell you he's been here for a long time.
    Sam don't know, Bro.
    The Brokers Nightmare
    I don't want peace, I want problems, ALWAYS!
    Florida-Based
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  11. 05-09-2023, 04:19 PM #11
    shieldfunding
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    Quote Originally Posted by Olderguy View Post
    Check out my website bro...if you did a bit of search on this site you might find that I have a lot of experience doing large loans, many of which are outside of the MCA arena.....
    i have not been on here for 3 years ...sorry im not up to date on whose who
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