Results 1 to 7 of 7
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09-25-2023, 03:32 PM #1
- Join Date
- Nov 2016
- Posts
- 7
Auto Sales - 2mill monthly
low 700 fico 7 years tib. 2mill per month. Looking for a home if anyone still does auto sales.
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09-25-2023, 04:59 PM #2
- Join Date
- Nov 2019
- Posts
- 679
I still do auto sales but need tax returns on submissions along with the last 4 months of statements and mtd. They may deposit 2 million a month but they actual revenue is probably more around 400-500k a month after the cost of the cars and that is what we have to go off of. We cap at months but if we are a first position we do a true add on where we will just add the new balance to the back of the old and keep the payment the same and extend the term out kind of like a line of credit in a way.
Scott Platto
scott@tmrnow.com
tmrnow.com
212-220-9872
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09-25-2023, 05:49 PM #3
- Join Date
- Jun 2021
- Location
- miami
- Posts
- 436
Id be all over this one feel free to reach out he'd be better off with a more traditional lending product.
Midwestern Financial Solutions
CEO
Office - (954) 694-6402
email- Info@midwesternfinancialsolutions.com
MidwesternFinancialSolutions.com
Where your box ends ours begins.
https://www.linkedin.com/company/mid...ial-solutions/
linkedin.com/in/brandon-cooper-426615267
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09-27-2023, 08:02 AM #4
- Join Date
- Oct 2022
- Posts
- 288
Is there real estate attached? What is the Use of Proceeds? I can think of some stuff for you. Traditional to MCA.
Elon Henek
HCI - Glen Cove, NY
Main: 1-516-676-1854
Cell: 1-516-236-4086
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09-27-2023, 01:50 PM #5
Greenbox if the true monthly revenue is consistent & they really are > 7 years tib & 700+ fico
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09-27-2023, 03:25 PM #6
- Join Date
- Aug 2023
- Posts
- 19
We fund Auto, Trucking , Construction but need at least 250k in gross monthly revenue for these SIC. Otherwise just 35k for all other SICs.
David Levin
29 West 36th St
New York, NY 10018
Direct 516-444-6141
Email dlevin@appfundingbeta.com
www.appfundingbeta.com
BETTER BUSINESS BUREAU® Accredited
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11-06-2023, 01:51 PM #7
- Join Date
- Sep 2023
- Posts
- 15
I can take a look. send it over. Louis@finpointfunding.com
Louis Stern
ISO Relations, Finpoint Funding
C. (646)348-4197 | Louis@finpointfunding.com
finpointfunding.com
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