TRYING TO BEAT AN OFFER BY TOMORROW!! $100,000 2nd position for Auto Broker in CA
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  1. #1

    TRYING TO BEAT AN OFFER BY TOMORROW!! $100,000 2nd position for Auto Broker in CA

    I have an auto broker in CA I have been working with for a long time now. They currently have a 2nd position offer for 100k @ $1,044 day, total payback is $141,000 with KCG. They sent me the contracts with a COJ. They gross about 450-500k monthly, average balance is 35-40k monthly.

    They would much rather work with me, I just need to at least match this deal ASAP!

    Please PM me or reply if you think you can get it done!

  2. #2
    Member Reputation points: 30 WalkingTall74's Avatar
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    TRYING TO BEAT AN OFFER BY TOMORROW!! $100,000 2nd position for Auto Broker in CA

    Pm me; Direct Funder and we don't require a COJ. Funding in 48 Hrs

  3. #3
    Senior Member Reputation points: 32658 Zach's Avatar
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    I can fund up to $800K for that amount of revenue.

    If they have real estate collateral, WBL can do as low as a 6-month 1.30 for auto dealers, with terms out to 15 months. We have also put together custom packages that are significantly less expensive.

  4. #4
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    TRYING TO BEAT AN OFFER BY TOMORROW!! $100,000 2nd position for Auto Broker in CA

    Doesn't seem like you have worked with them for a long time if they went all the way through the process with someone else, and now all of a sudden they want you to find them a better deal.

  5. #5
    Senior Member Reputation points: 34509 Jstarr's Avatar
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    I can beat WBL deal on real estate - 7% for 24 months, interest only payments --- I don't care about their cash flow, or credit..
    old school common sense Lending.
    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



  6. #6
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    Quote Originally Posted by Jstarr View Post
    I can beat WBL deal on real estate - 7% for 24 months, interest only payments --- I don't care about their cash flow, or credit..
    old school common sense Lending.
    24 month term but interest only? So when does the principal get paid back?

  7. #7
    Quote Originally Posted by Cshoke View Post
    I have an auto broker in CA I have been working with for a long time now. They currently have a 2nd position offer for 100k @ $1,044 day, total payback is $141,000 with KCG. They sent me the contracts with a COJ. They gross about 450-500k monthly, average balance is 35-40k monthly.

    They would much rather work with me, I just need to at least match this deal ASAP!

    Please PM me or reply if you think you can get it done!
    This is our wheelhouse. Please feel free to email or call me
    Ben Terner
    VP of ISO Relations
    Direct: 248-341-9789
    Email: bterner@cooperasset.com
    Web: www.cooperasset.com


  8. #8
    Senior Member Reputation points: 23702
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    Quote Originally Posted by PC Cooper View Post
    This is our wheelhouse. Please feel free to email or call me
    What's a wheelhouse? Oh, dude, just looked it up. It's a baseball term. I've heard that expression so many times and never knew that. Man I love learning.

  9. #9
    Senior Member Reputation points: 64
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    TRYING TO BEAT AN OFFER BY TOMORROW!! $100,000 2nd position for Auto Broker in CA

    If credits good I can get a better rate. Call me.

    Mike@SamsonPartnersLLC.com
    347-492-1801

  10. #10
    Senior Member Reputation points: 47257
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    i can get you the best rate, call me ......

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