Auto Dealer Needs Line of Credit

**NickHubbard** · 05-17-2016, 09:56 PM

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.

**fundmybusinessloan** · 05-17-2016, 10:24 PM

Fundation

**NickHubbard** · 05-19-2016, 08:18 AM

Is their anybody else that deals with auto dealerships? Or a lender that offer floor plan financing and has a broker program?

**305Shark** · 05-19-2016, 10:14 AM

Contact Adam at Sandstone Funding

**BB_Cooper** · 05-19-2016, 12:03 PM

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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