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10-17-2016, 04:45 PM #1
Auto sales
Who does used auto sales very small deal.
Colorado.
1st position
Deposits
June 7,406
july 2,859
Aug 10,540
September 9,335
No nsfs ending balances around 1800
thanks
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10-17-2016, 05:27 PM #2
- Join Date
- May 2016
- Posts
- 148
Guy needs a business not a hobby. No one will do that deal, I would steer him towards an SBA loan if his credit and TIB are decent.
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10-17-2016, 06:01 PM #3
- Join Date
- Apr 2015
- Posts
- 42
0% Chance.
Car dealers make anywhere between 5-10% on each sale. Do the math...Ron Hizkiyahu
Business Development & ISO Relations
VitalCap Fund | 48 Wall St. | New York, NY 10005
P. 212.994.6996 Ext.101 | F. 646.219.7949
ron@vitalcapfund.com
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10-17-2016, 06:08 PM #4
- Join Date
- May 2016
- Posts
- 148
A personal line of credit or personal loan would also make sense here until revenue picks up enough to support a traditional loan/advance.
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10-17-2016, 08:53 PM #5
- Join Date
- Oct 2014
- Posts
- 257
Auto sales
Deals this small are a waste of time. You are going to make 1200$. Why would you waste your time.
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10-17-2016, 09:35 PM #6
Its called repeat business and good business service. Plenty of deals started at 10k advance, 2 years later they still come back to me for 100k.
It will take me around 45 minutes to do a 10k deal. Some people around here seems to have plenty with comments that don't help anyone. 1200 bucks is all net form me
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10-19-2016, 10:56 AM #7
- Join Date
- Apr 2013
- Location
- Basalt CO
- Posts
- 869
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10-18-2016, 12:21 PM #8
- Join Date
- May 2016
- Posts
- 21
Evolution Capital Group
funding@evocapitalgroup.com
888-624-2561
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10-18-2016, 02:24 PM #9
- Join Date
- May 2016
- Posts
- 148
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