Results 1 to 3 of 3
Threaded View
-
03-25-2024, 01:03 PM #1
- Join Date
- Mar 2024
- Posts
- 1
Loan on rental car fleet
My company purchased a fleet of 40 Teslas in December for $1.6 million in cash. We're currently operating as a ride share in Phoenix.
I'm looking to obtain a loan of at least $1 million and ideally up to 80% of purchase price. I'm open to discussing structure and repayment terms. I've talked to banks but this doesn't really fit anyone's lending criteria so far so asking here in the hopes of find the right person to help.
No debt on company and the guarantor has substantial net worth. Cash out is for other investment purposes.
Similar Threads
-
Nationwide lending: New construction - rental loan - bridge loan - fix and flip
By MCABroker123 in forum PromotionsReplies: 0Last Post: 06-14-2022, 04:59 PM -
Rental loan portfolio lender needed! $500k loan amounts
By emeraldmoneygroup in forum Deal BinReplies: 2Last Post: 11-25-2020, 08:53 AM -
18 rental homes blanket equity loan
By Davincinc in forum Deal BinReplies: 0Last Post: 08-30-2017, 03:03 PM -
Exotic Car Rental ACH Loan
By stevefis in forum Business LoansReplies: 6Last Post: 12-22-2015, 02:42 PM -
hotel owner needs business loan against rental income
By Fundyman in forum Deal BinReplies: 2Last Post: 05-05-2015, 04:36 PM