Who lends on vehicles in NY?
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  1. #1

    Post Who lends on vehicles in NY?

    What companies do loans in New York State on commercial vehicles?
    So pretty much a title loan would be a good option.
    Client wont qualify for WBL.

    Yoni@empiremerchantgroup.com

  2. #2
    Depends on whether they're using the vehicle in question - If not, these guys might work: Pledgecap

    http://dailyfunder.com/showthread.ph...ight=pledgecap

  3. #3
    Senior Member Reputation points: 32658 Zach's Avatar
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    For that deal to qualify for WBL, we would just need a minimal amount of cashflow. You sure it won't?
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

  4. #4
    Rick, Its trucking and they use the truck so wouldn't work.
    Zach, cash flow is only about 5k because he cashes his checks, so not going to work for WBL.
    To get this done client either needs a really high risk truck finance company or a title loan.

  5. #5
    Ok, gotcha...

  6. #6
    Veteran Reputation points: 135672 Chambo's Avatar
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    Quote Originally Posted by Jerseyboy613 View Post
    Rick, Its trucking and they use the truck so wouldn't work.
    Zach, cash flow is only about 5k because he cashes his checks, so not going to work for WBL.
    To get this done client either needs a really high risk truck finance company or a title loan.
    One truck, $5K a month? That's a tight one...

  7. #7
    Senior Member Reputation points: 34509 Jstarr's Avatar
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    pledgecap
    Jerry Starr
    Insource Funding
    433 Plaza Real,
    Boca Raton, Fl 33432
    P: 800-805-3391 Fx: 561-270-6895
    insourcefunding.net

    WHAT WOULD YOU DO " IF " YOU HAD THE CAPITAL

    ◆ 50% LTV - No Fico Required
    ◆ 90% CLTV on Purchases
    ◆ Investment Residential / Commercial Properties



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