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04-09-2015, 03:25 PM #1
CA Used Car Dealer Consol
Can someone recommend a funder that would consider a CA Used Car consolidation? He has floor planning in place. Has 4 MCA's paid down to $125k from around $500K. Desperately wants to get out of all of these. I can't fund him on my term loan product due to the floor plan financing he has.
Thanks
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04-09-2015, 04:14 PM #2
- Join Date
- Nov 2014
- Posts
- 266
Try Loan mart but only problem is max is 50K
· Asset secured term loan, with loan amounts from $5k-$50k (avg amount $7.5k) – currently, we use rolling collateral only (cars, trucks, rolling equipment)
· Terms between 2-4 years with monthly payments
· No minimum revenues / time in business / industry restrictions / FICO score (avg funded FICO is ~520)
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04-09-2015, 04:55 PM #3
- Join Date
- Dec 2014
- Posts
- 81
Ill be able to fund this. Give me a call 636 627 9498
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04-09-2015, 05:13 PM #4
CA Used Car Dealer Consol
Brandon are you a direct funder? I notice you post to everyone's thread that you can fund, then I see you asking questions about getting leads. Thanks but no thanks.
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