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10-12-2015, 02:28 PM #1
- Join Date
- Jul 2015
- Location
- LIC
- Posts
- 11
Auto Sales-7 Positions
Would anyone look at a Car Dealership with 7 current positions.
Does 4.5MM Sales. Balance with Advances is 180K....ideally looking for a refi (who isnt??)
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10-12-2015, 03:12 PM #2
- Join Date
- Aug 2015
- Location
- Boulder, CO
- Posts
- 755
Mike,
I am a direct lender and fund a lot of consolidations. Auto dealer does not scare me, and neither does 7 positions...I look more at the profitability of clients rather than red-lining any particular industry.
With consolidation, I can do a twelve month term, monthly payments.. Longer terms are available. We would pay off the existing advances and end up in a first position. Clients can pre-pay any time after six months (paying remaining principle only, no interest) to save a ton of money.
If you're interested, feel free to call or drop an email.
Best,
Dan Page
Funding Strategy Partners
Direct: (303) 938-8280
dan@fundingstrategypartners.com
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10-12-2015, 05:52 PM #3
Mike,
We can probably provide a pretty solid offer for this one. Let me know if that guy can use 2-3X his average monthly volume.Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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10-13-2015, 01:05 AM #4
- Join Date
- Apr 2014
- Posts
- 781
how.bout we be realistic here....he always takes advances and because.of that his likelihood of one big advance is slim..because a lender is on the hook for all that amount by buying him out.
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10-13-2015, 01:53 PM #5Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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