Results 1 to 10 of 10
-
03-09-2017, 04:04 PM #1
- Join Date
- Mar 2017
- Posts
- 2
Need a lender for: 2nd position for auto dealers
Thank you. We are an ISO need more options for this type of merchant.
-
03-09-2017, 04:52 PM #2
- Join Date
- Dec 2013
- Posts
- 4,713
I don't think this forum is for lenders. Almost all of us here purchase future receivables at a discount. now for some reason Auto sales merchants don't work out well for most who tried. otherwise will look at any files we feel we have a pathway to collect. (FEW HOUR OFFERS / PAY DOUBLE DIGIT COMMISSIONS/ FEW STIPS/ ADJUST OFFERS/)
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
覧覧覧覧覧覧覧覧覧覧覧覧覧
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
-
03-09-2017, 05:30 PM #3
- Join Date
- Jul 2015
- Posts
- 1,202
"I don't think this forum is for lenders. Almost all of us here purchase future receivables at a discount." GURU
I get what you are saying here, Guru. And you mean well.
However, you are way off base these days thinking that "almost all of us here" applies anymore. Not even close. It is a very diverse crowd, just get up from your 2008 Gateway computer and look around once in a while.
-
03-10-2017, 01:51 PM #4
- Join Date
- Aug 2014
- Posts
- 620
Dave,
We can make 2nd position offers on auto sales if they have consistent strong revenue, clean MCA payment history, and daily ending balances that can support an additional advance. If you are not already set up with a rep over here at Yellowstone, please feel free to reach out.
-
03-14-2017, 04:41 PM #5
- Join Date
- Mar 2017
- Posts
- 2
Thank you for your replies.
We have been in business for 6 years. Please excuse my flippant deployment of the term "Lender" in lieu of "MCA; Purchaser of future business income; etc." It was not my intention to spark a diatribe.
We already have partner lenders for many situations. Every underwriter or company has a desired market position/loan risk parameters.
I am simply looking for more options in this narrow category, wherein there is a limited range of underwriters who feel confident putting their capital on the line.
-
03-14-2017, 04:44 PM #6
- Join Date
- Dec 2013
- Posts
- 4,713
Try cresthill we put new capital on the line evrey few minutes !
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
覧覧覧覧覧覧覧覧覧覧覧覧覧
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
-
03-14-2017, 08:44 PM #7
- Join Date
- Mar 2015
- Posts
- 62
You mean Mantis?
-
03-15-2017, 12:02 AM #8
- Join Date
- Apr 2014
- Posts
- 781
Lol
-
03-15-2017, 10:13 AM #9
Sent PM
Kevin Dinh
3131 Eastside Street, Suite 350
Houston, TX 77098
P: 713-322-9743
Email: kdinh@accordbf.com
Web: https://go.accordbf.com/DF-Partners/
-
03-15-2017, 02:30 PM #10
- Join Date
- Nov 2014
- Posts
- 438
LoanMe is a Direct Lender and works with Auto Dealerships. Approvals are based on affordability so if a the 1st position wasn't too recent we should be able to work with the file. Please contact us for more on our term loan product.
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
Similar Threads
-
Used Auto Dealers
By cappy in forum Merchant Cash AdvanceReplies: 12Last Post: 11-03-2016, 02:15 PM -
Need A First Position Auto Lender
By ISO man in forum Merchant Cash AdvanceReplies: 7Last Post: 09-22-2016, 01:43 PM -
Auto Dealers
By acalways in forum Merchant Cash AdvanceReplies: 6Last Post: 10-12-2015, 10:51 PM -
Who Lends to Auto Dealers
By wallerbusiness in forum Deal BinReplies: 6Last Post: 08-25-2015, 04:06 PM -
Used Auto Dealers
By Funder Mark in forum Merchant Cash AdvanceReplies: 6Last Post: 01-27-2015, 11:22 PM