Results 1 to 12 of 12
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08-13-2015, 07:09 PM #1
- Join Date
- Sep 2014
- Posts
- 25
Construction & Auto Sales
Which Lender is still considering Construction & Auto sales deals? I have several files that are grossing $150k-$300k monthly, & having difficulties finding them a home. Any suggestions?
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08-13-2015, 07:42 PM #2
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
Construction & Auto Sales
You might try lookimg outside of the MCA arena. We may be able to help.
Bob Shaw
rshaw@advancecredit.com
734.929.3800
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08-13-2015, 08:13 PM #3
National Funding and Quickbridge are great for construction deals. They come from an equipment financing background, so they understand that space.
WBL is an excellent option for auto sales, since we won't just stick the client with a 3-5 month term. However, our product is contingent on the client having either real estate or vehicles that he can pledge as collateral.Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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08-13-2015, 08:35 PM #4
- Join Date
- Jun 2015
- Posts
- 3,325
Quick bridge is great and really quick
Zach how can he collateralize the cars if he needs to sell them ?
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08-13-2015, 08:38 PM #5
Unfortunately that would be difficult, and we could do it on a one-off basis.. but we aren't trying to be a floor plan either.
He can always pledge cars that he has no intention of selling.. perhaps a luxury vehicle he keeps for himself or something of that nature.
Of course, we would prefer real estate to any vehicle.Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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08-13-2015, 08:58 PM #6
- Join Date
- May 2015
- Location
- NC
- Posts
- 208
Credibly is still doing auto sales with a minimum of $40k/mo deposit volume...
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08-14-2015, 09:02 AM #7
- Join Date
- Apr 2015
- Location
- New York, NY
- Posts
- 31
Auto and Construction Deals
Legend Advance Funding will be glad to look at these files for you. We have no problem with either.
jmoriarty@legendfunding.com
legendadvancefunding.com
212 676 5586
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08-14-2015, 09:23 AM #8
- Join Date
- Jul 2015
- Location
- NJ
- Posts
- 11
American Funding Group does auto sales and construction. Contact me directly.
Dennis Ray
Director
30 Park Rd.
Tinton Falls, N.J. 07724
866-946-8377 Ext 178
dray@americanfundingllc.com
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08-14-2015, 09:43 AM #9
- Join Date
- Aug 2015
- Location
- Boca Raton, FL
- Posts
- 47
Sincerely,
Jay Rich
President/Senior Funding Advisor
Anthem Financial Group, Inc
Phone: (561) 510-0801
jay@anthemfinancialgroup.com
LinkedIn, connect with me: LinkedIn
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08-17-2015, 03:41 PM #10
- Join Date
- Jul 2015
- Posts
- 4
sent you a private message
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08-18-2015, 07:18 PM #11
we have funded a lot of construction with swift. Deals from 200k+. Has to be a clean deal and UW is a pain but they will get it done
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09-05-2015, 08:22 PM #12
- Join Date
- Sep 2015
- Posts
- 41
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