[thefunder]

I have a car dealership making about 130-180k/month with good balances. Is there a company that will give him 150k at a 1.22 or less over 12 months, with 10 points commission?

[1StopFunding]

$150k is going to be a bit hard to get with the gross numbers you've put. Car dealers are on the restricted list of a lot of companies. Depending on state, I'd recommend Loan Me or Allen with TCF. Kabbage would do that deal by offering a line of credit of courses with all things considered.

[GMB]

Its going to be very difficult to get those type of terms for a Car Dealer. Also there is no room for 10 points of commission in a 1.22 over 12 months. Is it new or used ? Branded or Not Branded?

[ADiamond]

I have a car dealership making about 130-180k/month with good balances. Is there a company that will give him 150k at a 1.22 or less over 12 months, with 10 points commission?

the business backer

[MoneyMatchMaker]

How bout 15 points? Bbrooks@moneymatchmakerco.com

[anonymous]

How bout 15 points? Bbrooks@moneymatchmakerco.com

LOL 1.07 buy rate over a year for a car dealership? Let's be serious.

[sbroman]

Not going to happen

[funding pro]

So you don't know where to put this deal, you can't sell him on less than $150k, you can't sell him on shorter than a 12 month term and you can't sell him on more than a 1.22

WILL SOMEBODY PAY THIS GUY 10 POINTS ALREADY?!?!?!?!?!?!?!

[Eagle Funding]

$150k is going to be a bit hard to get with the gross numbers you've put. Car dealers are on the restricted list of a lot of companies. Depending on state, I'd recommend Loan Me or Allen with TCF. Kabbage would do that deal by offering a line of credit of courses with all things considered.

What 1Stop said!

[anonymous]

I have a car dealership making about 130-180k/month with good balances. Is there a company that will give him 150k at a 1.22 or less over 12 months, with 10 points commission?

You do realize that you are supposed to be the professional, not the client. Put him in check or quit wasting time on a deal that I'll end up closing at 1.27 (happily earning 6% on) lol - best advice you are going to get. If you can't help but let clients walk all over you, this is not the business you should be in.

[Chambo]

the business backer

they don't do car dealers

[thefunder]

Wow. You guys are very quick to try to put someone down and label them an idiot. I funded him today for $150k - 12 months at a 1.25 and made 6 points. I have closed 100+ deals at 1.40 and above, trust me I know how to close a deal, this merchant was good repeat merchant and I wanted to get him the best rate possible. I know you guys are scared of competition but the amount of people trying to scare people out of the industry on here is pathetic. FYI for all of you BIG SHOTS, a monkey could do this stuff. I am 20 and have funded over $3million in the last year and a half doing this. Stop acting like you are hot ****, cause you aint.

[anonymous]

$3MM? That's chump change. Closed over $50MM in RE before I turned 20. Quit thinking you're hot **** lol.

[thefunder]

Congrats big man! I forgot, you fund 300mm a year right?

[Eagle Funding]

Funder, you get in a scenario where you need a longer term lender, and certain deals with weekly payments let me know I do those.

[thefunder]

Allen, I have a deal now that does 120-150/month. excavation company.. you think you could get them 100k over 18 months?

[anonymous]

Lol @thefunder, not quite, but a $3MM month at my firm doesn't get you a set of steak knifes (you may be too young to understand).

[thefunder]

I get the joke.. Judging by your picture i doubt that it is the first time you have referenced it.

[anonymous]

Pm sent.

[Eagle Funding]

Allen, I have a deal now that does 120-150/month. excavation company.. you think you could get them 100k over 18 months?

Probably, statements will tell the story, email me allen@trustcapitalfunding.com or call me 718 316 3323 or both