Auto Sales- Looking for consolodation or 4th position
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  1. #1

    Auto Sales- Looking for consolodation or 4th position

    Industry is Auto Sales, they do repairs also
    Gross is 100k monthly
    Has currently has 3 positions.

    Looking for consolidation or a 4th position.

    Anyone know who can get this funded??

  2. #2
    Member Reputation points: 262 John_FMS's Avatar
    Join Date
    Aug 2016
    Location
    Buffalo, NY
    Posts
    30

    How much does he have open? How recently has he taken the 3 positions?
    John Yanity
    352 Sonwil Drive | Buffalo, NY 14225
    Direct Funder


    Mobile (716) 710.1289
    Fax (888) 848.0109
    Email (john@fundingmerchantsource.com)
    http://fundingmerchantsource.com/

    A+ Rated with the BBB:
    http://www.bbb.org/losangelessilicon...each-ca-268003

  3. #3
    Member Reputation points: 3332
    Join Date
    Jun 2014
    Location
    Houston Tx
    Posts
    97

    Send the deal and lets get it closed. I can help with this deal if you haven't already found a home

  4. #4
    Senior Member Reputation points: 12878
    Join Date
    Jan 2016
    Posts
    435

    TIB
    credit
    nsfs
    daily pays are
    balance with each
    what % of rev is sales v repair

    especially with the industry we need more info

  5. #5
    Please give me a call when you get a chance at 646 930 4338 or send me an email. Thank you

    Empire funding
    Nathan Roth-- direct lender 1022 Avenue M Brooklyn NY 11230
    Direct (646-930-4338)
    email:nathan@empirefunding.com

  6. #6
    Quote Originally Posted by John_FMS View Post
    How much does he have open? How recently has he taken the 3 positions?
    Here are his current balances:
    • : $27,309.04 (50% Paid Down)
    • : $11,945.60 (45% Paid Down)
    • : $7,686

  7. #7
    Senior Member Reputation points: 27404
    Join Date
    Dec 2015
    Location
    Texas
    Posts
    552

    Any consolidator will take this deal!


    Steven
    Davincinc.com

  8. #8
    Banned Reputation points: 17587
    Join Date
    Sep 2014
    Posts
    720

    Quote Originally Posted by Davincinc View Post
    Any consolidator will take this deal!
    Most "consolidators" have auto sales on the restricted list, actually. Balances are also very close to 50% of average monthly revenue (assuming they've backed out any non-revenue deposits) and there are 3 of them? Going to have to disagree with you there.
    Last edited by anonymous; 10-26-2016 at 12:18 PM.

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