Results 1 to 6 of 6
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02-08-2024, 04:33 PM #1
- Join Date
- Dec 2022
- Posts
- 69
Auto sales/ Auto repair - Looking for 3rd
Auto sales/ Auto Repair
800 credit 4MM revenue
1st position 500k 44 weeks 1.22
2nd Position 400k 44 weeks 1.24
Looking for 300k+ as a strong 3rd
MCA ONLY
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02-08-2024, 04:45 PM #2
- Join Date
- Feb 2017
- Posts
- 3,463
Who gave him those 1st and 2nd positions? Those are SOLID, was it through a broker?
I'm assuming the auto repair is the majority of his business?
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02-08-2024, 05:08 PM #3
- Join Date
- Dec 2022
- Posts
- 69
Positions were direct with the funders as far as my knowledge. Auto sales is the majority of his business.
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02-08-2024, 05:20 PM #4
- Join Date
- Nov 2019
- Posts
- 691
I can take a look at it but i will need most recent tax returns due to most of the business being car sales and see if there is room for a third position. The trm will be 26-30 weeks at most and the rate will not be anywhere near that low as a 3rd positon and being car sales.
Scott Platto
scott@tmrnow.com
tmrnow.com
212-220-9872
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02-08-2024, 10:12 PM #5
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,995
Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
Office: 727-233-1111
Skype: fc-financial
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02-09-2024, 03:08 PM #6
- Join Date
- Dec 2022
- Posts
- 69
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