[IKorie]

This merchant has a credit score of Mid 600. They deposit 40k-60k a month, but only have a avg monthly ledger of $500 a month. Monthly expenses are only $3,500. They only have high withdrawals because they are always purchasing new vehicles. They have titles for all the cars in lot. Business has grown constantly with gross sales of $290,000 in 2013 and $300,000 in 2014 and $310,000 in 2015 lastly $466,000 year to date from January through September 2016.

Collateral they have:
-10 arce property in Bakerfield California.
-account receivables of 25 accounts totaling $130,000 payable in monthly installments amortizing in less than two years at 29.9 %
-purchase line of $50k

[Synergy Funding]

Give me a call today after 4pm EST and I'll see what I can do.

Kyle Readdick, CEO
Synergy Direct Funding
2525 Camino del Rio S
San Diego, CA 92108
p: [866]428-0172 | f: [888]372-6007
w: http://synergydirectfunding.com

[TStein]

The ADB in that industry scares me a bit. I've always kept my money a mile away from auto sales, but I get that it can be a profitable business if run correctly. I typically send the deal to Greenbox if they have decent statements/credit, however they have funding caps on new ISO'S(I believe its 40k max now).

For high risk deals(For any industry) I send them Jake Winograd @ 646-943-2204 at Unique Funding Solutions.

Now, other information that may help is what are they using the funding for? Do they have a body shop? You included collateral in the post..are they looking for a MCA or another program?

[MCABroker]

Greenboxs funding cap can be waived if you send in your bank statements to prove that your not a pike shop. After the restriction is lifted they send some big offers.

[Zach]

Depending on the value of the collateral, I can lend up to 3X their monthly deposit volume.

[Phil T]

Yellowstone will get you your best option here.

Philip Trenk

Yellowstone Capital LLC
Direct: (646) 774-4805
Fax: (978) 313-0936
Philt@yellowstonecapllc.com
www.yellowstonecap.com