used car dealership/auto mechanic seeking 50-80k working capital
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  1. #1
    Noob Reputation points: 10
    Join Date
    Apr 2023
    Location
    Montana
    Posts
    3

    used car dealership/auto mechanic seeking 50-80k working capital

    Looking for a lender willing to work with a used car dealership/auto mechanic

    Seeking 50-80k in working capital loan

    average monthly deposits: 85k
    Credit score: 600
    In business: 5 years

    *no days in negative on 4 months bank statements

    Thank you,

    Andy

  2. #2
    Senior Member Reputation points: 29542
    Join Date
    Jun 2021
    Location
    miami
    Posts
    436

    send it to wellen or ondeck

  3. #3
    Senior Member Reputation points: 78889 Olderguy's Avatar
    Join Date
    Sep 2021
    Location
    Irvine, CA
    Posts
    2,343

    You can access OnDeck through Splash Advance.
    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.

  4. #4
    Senior Member Reputation points: 12696
    Join Date
    Nov 2019
    Posts
    686

    I fund used car dealers but need tax returns on submissions to see what the real income is. That industry has a very high cost of goods so what is deposited is not the real picture.

    Scott Platto
    scott@tmrnow.com
    tmrnow.com
    212-220-9872

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