Results 1 to 4 of 4
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11-15-2018, 03:54 PM #1
- Join Date
- Dec 2015
- Location
- Texas
- Posts
- 552
1.5m in auto vehicle titles for collateral
Anyone recommend a lender to collateralize new vehicle auto dealer? 1.5m owned out right with 1.9m floor plan.
Any recommendations?
Da Vinci
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11-15-2018, 04:03 PM #2
- Join Date
- Jun 2014
- Posts
- 540
Why are they not just getting a 2nd floor facility and flooring some or all of the 1.5M of cars they own?
Robert S Bloink
EVP of ISO Partnerships
Direct: 248-341-9477
Email: bb@cooperasset.com
Web: www.cooperasset.com
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11-16-2018, 09:59 AM #3
- Join Date
- Dec 2015
- Location
- Texas
- Posts
- 552
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11-16-2018, 11:33 AM #4
if the cars are not encumbered, I don't know why someone wouldn't do this deal and place a lien on these cars. and they could clear lien on each car once sold for xx amt.
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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