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I have an auto finance investment group that acquires firms that indirect finance subprime paper. Between BHPH & non-prime. They usually go thru commercial lending but this deal is too small for the commercial side to take a look at. They are looking for 1.5-3 Million. Does anyone know who can do this type of deal?
looking for rates at L+(3.0%) to L+(6.0%) with a 70-80% advance rate & a 12-24 month credit revolver at 6-12%. Would be willing to take a look at a fixed rate as well.
looking for rates at L+(3.0%) to L+(6.0%) with a 70-80% advance rate & a 12-24 month credit revolver at 6-12%. Would be willing to take a look at a fixed rate as well.
