Auto Sales-7 Positions
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  1. #1
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    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??)

  2. #2
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    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

  3. #3
    Senior Member Reputation points: 32658 Zach's Avatar
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    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

  4. #4
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    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.

  5. #5
    Senior Member Reputation points: 32658 Zach's Avatar
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    Quote Originally Posted by golf2014 View Post
    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.
    That's why I want real estate 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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