Used Auto Dealers
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  1. #1

    Used Auto Dealers

    One day lenders fund them, the next they do not, which is clearly understandable. Who is a consistent auto dealer lender? Thanks.

  2. #2
    Senior Member Reputation points: 3088
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    Search feature works wonders but just to be nice:

    Sandstone, Everest, Lendini, Caprock, Accord, Empire, Superior, WBL, Smart Business Funding, Pearl, Yellowstone, Foxii, King's Cash, LG funding, CFG merchant solutions, Wall Funding.

    Sorry if I missed anyone.

  3. #3
    Senior Member Reputation points: 32658 Zach's Avatar
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    Quote Originally Posted by FundingCzar View Post
    Search feature works wonders but just to be nice:

    Sandstone, Everest, Lendini, Caprock, Accord, Empire, Superior, WBL, Smart Business Funding, Pearl, Yellowstone, Foxii, King's Cash, LG funding, CFG merchant solutions, Wall Funding.

    Sorry if I missed anyone.
    This... plus LoanMe
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

  4. #4
    Quote Originally Posted by cappy View Post
    One day lenders fund them, the next they do not, which is clearly understandable. Who is a consistent auto dealer lender? Thanks.
    LoanMe
    LoanMe Business
    949-535-7798
    Email: Business.Loans@LoanMe.com




    www.loanme.com/SBL-partner
    1900 S State College Blvd. Suite 300
    Anaheim, CA 92806

  5. #5
    Search feature does indeed work very well. Thank you for the response though. CFG and SBF no longer fund them.

  6. #6
    Add Cooper to that list. It's that time of year, the B Lot's are stocking up in advance of tax season-

    Robert S Bloink
    EVP of ISO Partnerships
    Direct: 248-341-9477
    Email: bb@cooperasset.com
    Web: www.cooperasset.com
    logo-01smaller.jpg

  7. #7
    Thank you FundingCzar

    Yes, we specialize in funding car dealers. Minimum 100k in monthly deposits.

    Anthony Collin
    Chief Executive Officer
    Smart Business Funding
    Direct: 917-533-2979
    Fax: 347-402-1650
    Email: Anthony@SmartBusinessfunder.com
    Web: http://www.smartbusinessfunder.com
    Smart Business Funding

  8. #8
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    Quote Originally Posted by cappy View Post
    Search feature does indeed work very well. Thank you for the response though. CFG and SBF no longer fund them.
    Just to clarify here, Smart Business Funding does indeed fund used auto, Small Business Funding does not, 2 separate funders.

  9. #9
    Member Reputation points: 1126 Lendini's Avatar
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    Contact me anytime, we fund used auto up to 150K

    Office (267) 569-3699
    Mobile (267) 751-5925
    Email Nick.Yiambilis@Lendini.com
    www.Lendini.com

  10. #10
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    Quote Originally Posted by cappy View Post
    One day lenders fund them, the next they do not, which is clearly understandable. Who is a consistent auto dealer lender? Thanks.

    CFG Merchant Solutions will be happy to take a look at an Auto Dealer. Its funny you say it, we are actually actively looking for them.

    One catch, No first Positions on Auto Dealers. Must be a 2nd - 4th pos.

    Lior Monus
    CFG Merchant Solutions
    Direct: 516-319-5826
    Lmonus@cfgms.com

  11. #11
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    Quote Originally Posted by Lmonus View Post
    CFG Merchant Solutions will be happy to take a look at an Auto Dealer. Its funny you say it, we are actually actively looking for them.

    One catch, No first Positions on Auto Dealers. Must be a 2nd - 4th pos.

    Lior Monus
    CFG Merchant Solutions
    Direct: 516-319-5826
    Lmonus@cfgms.com
    Wait, you WANT to stack car dealerships? wow...

  12. #12
    Member Reputation points: 1126 Lendini's Avatar
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    We will FUND any position 1-5 for used auto as long as the affordability is there......

  13. #13
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    Quote Originally Posted by nrh1lp View Post
    Wait, you WANT to stack car dealerships? wow...
    Funding a car dealership with MCA history is much better than funding one who is clueless about our industry.

    First position Auto is tricky, and 90% of the time the first position offer is no where near what the merchant actually wants.

    Hence the reason for the hop.

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