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08-10-2016, 02:11 PM #1
- Join Date
- Jan 2014
- Posts
- 283
Auto Sales
I have been getting a lot of submissions for Auto Sales lately; it is a good industry because they always need capital for extra inventory...we have been funding a decent amount but are very limited in terms of how much we can offer/terms (6 months-7 months).
Besides Everest and Vital who can fund Auto Sales? More on the A-B paper side and can offer terms as long as 10-12 months at a reasonable factor. I'm not expecting 15-24 month terms and 1.15 for that industry but someone who can fund $150,000+ for a 12 month term would be great.
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