Results 1 to 7 of 7
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11-17-2016, 08:36 AM #1
- Join Date
- Mar 2016
- Posts
- 6
car dealership (weekly payment only)
I'm looking for lenders that offer weekly payment options and that will fund a car dealership. The merchant is only looking for a weekly payment (he refuses to take a daily). Annual revenue is about 5.5m. Owner has a Fico of almost 800. Clean background, no other open balances. This is a first position deal. Looking for 100-150k. Let me know if anyone knows where to place this file.
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11-17-2016, 09:53 AM #2
- Join Date
- Oct 2016
- Posts
- 4,318
Can't see weekly happening. Do they service cars there?
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11-17-2016, 10:55 AM #3
- Join Date
- May 2016
- Posts
- 148
SBA loan. I don't know of anyone weekly's for dealerships unless someone new has popped up.
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11-17-2016, 10:58 AM #4
- Join Date
- Jan 2016
- Posts
- 435
LoanMe if they are in the right state for it. I believe they cap at 75K in most places though
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11-17-2016, 01:20 PM #5
WBL can offer this if the borrower has real estate.
Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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11-17-2016, 02:53 PM #6
car dealership (weekly payment only)
I think I looked at this deal on the guy owns two. branded Ford dealerships with real estate at about 60% LTV I could be wrong, if it's not the same deal let me know what the balances are on his first position mortgage if he owns it outright I could offer him 70% LTV with monthly payments
Jerry Starr
Insource Funding
433 Plaza Real,
Boca Raton, Fl 33432
P: 800-805-3391 Fx: 561-270-6895
insourcefunding.net
WHAT WOULD YOU DO " IF " YOU HAD THE CAPITAL
◆ 50% LTV - No Fico Required
◆ 90% CLTV on Purchases
◆ Investment Residential / Commercial Properties
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11-17-2016, 03:01 PM #7Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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