Results 1 to 7 of 7
-
11-11-2015, 09:08 AM #1
- Join Date
- Oct 2013
- Location
- San Angelo,Texas
- Posts
- 11
Exotic Car Rental ACH Loan
NV, only 1 to 2 deposits per month, does not take credit cards, in business 1.5 years, Inc., Average daily ledger balance $15,000, Annual Sales $1.5 Mil year.
Looking for $150,000. Credit Avg
-
11-11-2015, 09:32 AM #2
- Join Date
- Oct 2013
- Location
- New York, NY
- Posts
- 1,203
Based on the SIC code and the Average Credit I don't forsee them getting 150K unless they go to Zach and WBL with some land for collateral. That may be your best option unless they are willing to take less than 150K I would offer them 80-100K based on what you've said.
-
11-11-2015, 11:07 AM #3
Yes, if they can pledge some type of real estate (commercial, residential, land) this would definitely be a deal with us. Credit score isn't an issue since we don't have a minimum. As I said, if they do own real estate (or have a partner/family/friend who's willing to pledge theirs) then I'd definitely like to discuss the scenario in greater depth and ultimately weigh-out some options. My direct line is 201-210-8552 or paul@oracleloans.com
Last edited by pmoney; 02-08-2016 at 11:00 AM.
Paul Marzolla
CEO @ GreenBridge Loans
______________________________________________
Main: (800) 677-5771
Email: paul@greenbridgeloans.com
Connect with me on LinkedIn
Click to download our Partner Agreement
______________________________________________
GreenBridge Loans
221 River St, 9th Fl
Hoboken, NJ 07030
www.greenbridgeloans.com
-
11-11-2015, 11:51 AM #4
- Join Date
- Jun 2014
- Posts
- 541
Maybe not 150, but its a doable deal as an MCA w/o specifically encumbering the titles. But why only 2 deposits? The revenue figures suggest at least 10 cars on the road?
Robert S Bloink
EVP of ISO Partnerships
Direct: 313-218-4663
Email: bb@cooperasset.com
Web: www.cooperasset.com
logo-01smaller.jpg
-
11-15-2015, 08:04 PM #5
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
If there are twice monthly deposits because they invoice businesses they are eligible for about $100,000. Please send me your contact information.
Bob
-
11-16-2015, 08:22 AM #6
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
As they likely own the vehicles, the balance sheet looks strong, and if they are profitable- 150k is not out of the question at all.. If you would like assistance, feel free to reach out...
Richard 516 510 3855
www.businesscapitalconsultants.com
775 Park Avenue Suite 255
Huntington, NY 11743
-
12-22-2015, 02:42 PM #7
- Join Date
- Dec 2015
- Posts
- 2
In reference to your ACH loan you are looking for
At Bizloan America we lend out our own money. So I believe we can help. Please contact me at hrosario@bizloanamerica.com. Thanks
Similar Threads
-
hotel owner needs business loan against rental income
By Fundyman in forum Deal BinReplies: 2Last Post: 05-05-2015, 04:36 PM -
Owner of multiple free and clear rental properties wants to buy more
By Shawn C. O'Neil in forum Deal BinReplies: 5Last Post: 04-08-2015, 07:25 AM -
Need $40K Pontoon Boat loan/lease for recreational rental business
By SBF in forum Deal BinReplies: 3Last Post: 03-23-2015, 12:27 PM -
Auto Sales and Rental?
By fundgorilla in forum Deal BinReplies: 5Last Post: 12-30-2014, 02:45 PM -
Luxury car rental looking for a line of credit
By Ocean Financing in forum Deal BinReplies: 3Last Post: 09-10-2014, 08:51 PM