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**FIRST PATH CAPITAL** · 07-16-2024, 04:45 PM

Who does 1st position auto? 10+ months.

**closer129** · 07-16-2024, 05:20 PM

Originally Posted by FIRST PATH CAPITAL

Who does 1st position auto? 10+ months.

Auto dealerships or mechanics? If it is dealerships not many if at all.

**FundingGuy** · 07-16-2024, 05:23 PM

Originally Posted by FIRST PATH CAPITAL

Who does 1st position auto? 10+ months.

Auto dealerships - GreenBox, Wellen, Lending Valley

**Robinhood21** · 07-16-2024, 05:55 PM

Originally Posted by FundingGuy

Auto dealerships - GreenBox, Wellen, Lending Valley

Wellen has stopped funding dealerships

**FIRST PATH CAPITAL** · 07-16-2024, 06:13 PM

Do you have a contact for greenbox?

@funding guy

**ridextreme** · 07-16-2024, 08:47 PM

Originally Posted by FIRST PATH CAPITAL

Who does 1st position auto? 10+ months.

It depends on what "auto" means.

**FIRST PATH CAPITAL** · 07-17-2024, 09:29 AM

Originally Posted by ridextreme

It depends on what "auto" means.

The only Auto that majority of people do not fund in this industry

**closer129** · 07-17-2024, 09:35 AM

Originally Posted by FIRST PATH CAPITAL

The only Auto that majority of people do not fund in this industry

I fund auto dealerships. I need tax returns on submission to figure out the true revenue. We cap the first several deals at 6 maybe 7 months depending how strong the file is. But our 1st position renewals work a little like a line of credit.

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

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