Auto Repair Shop Looking for $15K to $20K
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  1. #1
    Senior Member Reputation points: 4567 NickHubbard's Avatar
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    Jun 2015
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    Saint Louis, Mo
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    Auto Repair Shop Looking for $15K to $20K

    Hey,

    Are there any direct lenders that can get this funded? Looking for a home for this deal.


    -Loan Request: $15k for 3yr term
    -Loan to clear up tax issues and purchase equipment
    -Been in business 20 yrs
    -No current loans
    -Credit score is 625
    -Average Monthly Gross is $8k to $10k


    -He does have collateral (investment rental property)

    -Says if he pledges the property, he would like to get $20k over 5 yrs
    (Property is not apart of S-Corp)

    -No prepayment penalty

    -Would like Monthly or Weekly repayment depending on rates
    Last edited by NickHubbard; 01-13-2016 at 09:39 AM.

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