Who can fund Used Car Business-high deposits?
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  1. #1
    Senior Member Reputation points: 2893
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    Who can fund Used Car Business-high deposits?

    Used Car dealership.... Does $400,000-$500,000/month and has a current total balance of $140,000 (2 positions). Would like to consolidate everything into one. Is willing to get the 2nd position (only $20,000 owed on that one) paid off and have someone else come in 2nd. Clean statements, average daily balance is $25,000ish.....no negative days...so-so credit history. Currently paying about $1600 daily. No 3rd position, Direct Lenders only please!

  2. #2
    Senior Member Reputation points: 1422
    Join Date
    Dec 2013
    Location
    Connecticut
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    332

    With avg credit, they would need assets but Metrix Capital could help.
    Isaiah Clark
    General Merchant Funding
    Hartford, CT 06103

  3. #3
    I can definitely get car dealerships funding. call me 636 627 9498
    Brandon Seger

  4. #4
    Hi,

    We can fund that deal. Call me at 347-470-4194.

  5. #5
    I can do this, easy. Call or email me to discuss further. 888-441-9500 ext.234 or kmacdonald@wbl.com look forward to hearing from you, and hopefully doing business together.

  6. #6

    Merchant source inc (direct lender)

    Quote Originally Posted by JSL23 View Post
    Used Car dealership.... Does $400,000-$500,000/month and has a current total balance of $140,000 (2 positions). Would like to consolidate everything into one. Is willing to get the 2nd position (only $20,000 owed on that one) paid off and have someone else come in 2nd. Clean statements, average daily balance is $25,000ish.....no negative days...so-so credit history. Currently paying about $1600 daily. No 3rd position, Direct Lenders only please!
    Hi this is Rudy I can pay off that remaining balance and get your factor rate between 1.20 and 1.499. Give me a call monday 646-757-3000. Email rjames@merchantsourceinc.com or rudyj911@gmail.com after we talk only thing i would need is a "snap shot" of the business. Thanks

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