Results 1 to 5 of 5
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05-17-2016, 09:56 PM #1
Auto Dealer Needs Line of Credit
Hey Guys,
I have a sub prime auto dealer that is seeking a $200K-$300K revolving line of credit to increase inventory. Willing to secure with vehicle titles. Inventory turns 100% each month. Dealership is doing about $5.5M annually. Is their any direct lender that can get this done? Shoot me a PM or email.Nick Hubbard
Senior Loan Advisor
314-252-0299 - Office
314-885-2262 - Direct
nick@elitefactoring.com
www.elitefactoring.com
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05-17-2016, 10:24 PM #2
- Join Date
- May 2016
- Location
- New Jersey
- Posts
- 31
Fundation
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05-19-2016, 08:18 AM #3
Is their anybody else that deals with auto dealerships? Or a lender that offer floor plan financing and has a broker program?
Nick Hubbard
Senior Loan Advisor
314-252-0299 - Office
314-885-2262 - Direct
nick@elitefactoring.com
www.elitefactoring.com
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05-19-2016, 10:14 AM #4
- Join Date
- Apr 2016
- Location
- Miami Beach
- Posts
- 49
Contact Adam at Sandstone Funding
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05-19-2016, 12:03 PM #5
- Join Date
- Jun 2014
- Posts
- 541
What state is the merchant located in? Cooper will do an MCA for used cars in most every state, but a revolving line would depend on the state-
Robert S Bloink
EVP of ISO Partnerships
Direct: 248-341-9477
Email: bb@cooperasset.com
Web: www.cooperasset.com
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