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  1. #1

    Need a direct funder that does used auto

    This is a merchant does 100-150k a month with no advances out . Please let me know who still funds this sic . Thank you

    BESIDES
    YELLOW
    PEARL
    QUICKBRIDGE

  2. #2
    Senior Member Reputation points: 32550 Funder Mark's Avatar
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    I think Everest, but ask some other people.

  3. #3
    Senior Member Reputation points: 68233
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    If the client does not have a flooring plan in place, feel free to touch base..

    Richard 516 510 3855

    www,businesscapitalconsultants.com

  4. #4
    Senior Member Reputation points: 11553 Eagle Funding's Avatar
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    As Rich said if they don't have an open floor plan I will be able to do it easy.

  5. #5
    Senior Member Reputation points: 1422
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    Pretty sure Next Wave offers funding and Cooper (similar structure to Yellowstone and company)
    Isaiah Clark
    General Merchant Funding
    Hartford, CT 06103

  6. #6
    Senior Member Reputation points: 5016 @jeannette's Avatar
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    Retail Capital funds Used Auto as long as they are depositing at least 40K per month into their bank.
    Jeannette Nearing | Business Development Officer| AmeriFactors
    | M (770) 362-2307
    jnearing@amerifactors.com |

    http://www.amerifactors.com
    https://www.linkedin.com/in/jeannettenearing

  7. #7
    Superior funds used car dealerships. Shoot me the financials and let's make this deal happen!
    Kaitlyn Miller
    ISO Coordinator
    770-617-2377
    KM@SuperiorCapitalfund.com
    http://superiorcapitalfund.com/

  8. #8
    Senior Member Reputation points: 290 1StopFunding's Avatar
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    Need a direct funder that does used auto

    Superior not so long ago would only fund an auto dealer that is 100% buy here pay here. Has this changed?
    Cheryl Tibbs- General Manager
    Equipment LeaseCo Inc
    www.equipmentleaseco.com

  9. #9
    Member Reputation points: 72
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    Hello WALLFUND,

    Everest will absolutely do used auto. That SIC code is subject to enhanced underwriting, meaning 5 years in business, good credit, good bank, and a good site inspection report, we will get it funded if it meets our criteria

    Call Lewis at 305-330-9905

  10. #10
    Member Reputation points: 36
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    31

    We would be happy to look at it.
    apps@legendfunding.com

  11. #11
    Member Reputation points: 11
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    New York City, NY
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    I suggest going to SNAP or SWIFT
    They have both done Auto Sales for me.

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