Results 1 to 11 of 11
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01-10-2024, 03:07 PM #1
- Join Date
- Aug 2022
- Posts
- 38
What lenders fund used or new car dealerships?
Does any A paper or B paper lenders fund this specific industry?
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01-10-2024, 03:12 PM #2
- Join Date
- Nov 2019
- Posts
- 675
I do as long as we get recent tax returns on submission to figure out the true revenue after the really high cost of goods. We cap terms at 6 maybe 7 months. Our first position renwals are a true add on on that works a little like a line of credit in a way.
Scott Platto
Scott@tmrnow.com
tmrnow.com
212-220-9872
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01-10-2024, 04:38 PM #3
- Join Date
- Jan 2024
- Posts
- 2
We can for minimum 300k in revenue monthly
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01-11-2024, 12:05 PM #4
- Join Date
- Nov 2022
- Location
- NYC
- Posts
- 48
Greenbox i assume is still funding used auto dealerships
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01-11-2024, 03:02 PM #5
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01-12-2024, 12:19 PM #6
- Join Date
- Jul 2015
- Location
- Tampa Florida
- Posts
- 498
We consider them if they have a repair facility attached. Has to be a credit card sales based deal.
Jason H l Sales & Business Development
Quikstone Capital Solutions l Tampa FL
Direct Line & Mobile 813-371-8233 l Fax 813-371-8233 l Text 727-492-8812
Jason.Hausle@quikstonecapital.com
www.quikstonecapital.com
Direct Lender Since 2005
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01-16-2024, 12:37 PM #7
central advance did 2 in the 3 months
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01-16-2024, 06:32 PM #8
- Join Date
- Aug 2021
- Posts
- 160
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01-16-2024, 08:08 PM #9
- Join Date
- Oct 2012
- Location
- Chicago, IL
- Posts
- 10
Wellen is mostly not funding used auto these days - too much pressure on that industry right now.
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01-17-2024, 10:09 AM #10
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01-17-2024, 12:25 PM #11
- Join Date
- Aug 2022
- Posts
- 38
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