[BBB1111]

Sales in $100k range
Existing $40k $500 daily with EBF
560 FICO
Using some factoring
TIB = 1 year

Any suggestions for lenders that will consider a stack (preferred) or buyout here? Guy needs cash flow, but not set on a specific amount.

[dpFund]

Is that $100k monthly or annual? Do you know what his EBITA is? With the right answers to those questions I may be able to consolidate with cash out, but would not stack. Others here may be willing to stack, but there is sensitivity to auto dealers for many.

Best,

Dan Page
Direct: (303) 938-8280
dan@fundingstrategypartners.com

[Zach]

Ask the client if he has real estate. If he is willing to use it, I can lend up to 3x their monthly deposit volume.

[BBB1111]

Is that $100k monthly or annual? Do you know what his EBITA is? With the right answers to those questions I may be able to consolidate with cash out, but would not stack. Others here may be willing to stack, but there is sensitivity to auto dealers for many.

Best,

Dan Page
Direct: (303) 938-8280
dan@fundingstrategypartners.com

Sorry, monthly

[Funder Mark]

Sorry, monthly

You said that the client was doing Sales in $100k range, and Existing $40k $500 daily with EBF. Since the client could not have gotten a $40k offer from $100k yearly revenue, I though it was clearly self explanatory...

[dpFund]

Sorry, monthly

If you're interested in discussing, please use my scheduler link (below) to grab a time that works for you to talk.

http://meetme.so/DanPage

Thanks - Dan

[KM_Superior]

Sales in $100k range
Existing $40k $500 daily with EBF
560 FICO
Using some factoring
TIB = 1 year

Any suggestions for lenders that will consider a stack (preferred) or buyout here? Guy needs cash flow, but not set on a specific amount.

Definitely room for additional funding here. We fund auto dealers regularly at Superior, feel free to give me a call if you are still looking-

[Chambo]

Sales in $100k range
Existing $40k $500 daily with EBF
560 FICO
Using some factoring
TIB = 1 year

Any suggestions for lenders that will consider a stack (preferred) or buyout here? Guy needs cash flow, but not set on a specific amount.

I believe Everest doesn't do auto sales anymore, so is this a slow pay?
What is the average daily balance? Can they handle a 2nd pull? NSF's?
More importantly with auto sales, how much of the cash flow is pass through, and how much does the merchant pocket?