"Shane Tindle Sr. Account ManagerMid-Atlantic Finance Company * shanet@midfinance.com ) 888.599.5763 ext. 555) 602.648.4460 ext. 555
MAF has a per deal buying program that could help. MAF is the strongest BHPH portfolio buyer in the market I know of.…"
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Jim Sells's Discussions
Need Funding a Source for New BHPH Dealer
Started this discussion. Last reply by Gene Daughtry Jun 21, 2011. 17 Replies 0 Likes
We have been a subprime dealership since opening in 2004. Turndowns are becoming a constist problem. We have decided to focus on BHPH to off set our decreasing sales. Can anyone recommend a funding…Continue
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Jim Sells replied to Jim Sells's discussion Need Funding a Source for New BHPH Dealer"Thanks Eric...I am headed in a different direction......I appreciate your feed back! Thank Jim"
Jim Sells replied to Jim Sells's discussion Need Funding a Source for New BHPH Dealer"Hello Ben,
I have done the CAC program.... did not work well for me. I am currently using Westlake Profit Builder and I agree it is a very good program. I would like to build my own portfolio and to have control of how it is managed…"
Jim Sells replied to Jim Sells's discussion Need Funding a Source for New BHPH Dealer"Email sent THANK YOU"
Jim Sells replied to Jim Sells's discussion Need Funding a Source for New BHPH Dealer"Email sent... Thanks Chris"
Jim Sells replied to Jim Sells's discussion Need Funding a Source for New BHPH Dealer"Thanks for the information.....Any ideal if Missouri will be in the furture?"
Jim Sells replied to Jim Sells's discussion Need Funding a Source for New BHPH Dealer"Hello Toby,
Are you servicing Missouri? If so please send the funding structure and underwriting requirements. Fax 314-426-6310 Email jimsells2001@yahoo.com"
Jim Sells replied to Jim Sells's discussion Need Funding a Source for New BHPH Dealer"Hello Aaron,
Thanks for your reply`s.... I have been building a business model for BHPH for about 3 months. I not sure when I approach asset based lending banks if the priority is on the underwriting for the customer or the collection process…"
Eric Milak replied to Jim Sells's discussion Need Funding a Source for New BHPH Dealer"I may be biased, however I think Credit Acceptance may be your best opportunity. We have over 42 years experience in the sub prime automotive industry, specifically helping BHPH dealers with cash flow while maximizing their total potential…"
Ben Misra (secondarypro) replied to Jim Sells's discussion Need Funding a Source for New BHPH Dealer"Jim, when are you going to get BHPH inventory ?
I have looked at the inventory online and I don't see much in the way of good BHPH vehicles.
You can go to our company's site to see what I mean, www.superiorcarcredit.com
Also be prepared to…"
Danny Pinon replied to Jim Sells's discussion Need Funding a Source for New BHPH Dealer"Call Brian at Falcon Finance 816-284-5210
"
chris smiley replied to Jim Sells's discussion Need Funding a Source for New BHPH Dealer"I believe I can give you several sound sources. Email chris at rcsmiley@comcast.net"
Darryl Swagerty replied to Jim Sells's discussion Need Funding a Source for New BHPH Dealer"Jim I might be able to help, I have several different sources from financial instutition to private money. If you would contact me @ 505 980-0473 or email Darryl@fitagency.net, I would be glad to discuss them with you.
Thanks,
Darryl"
Stephanie L. Troxell replied to Jim Sells's discussion Need Funding a Source for New BHPH Dealer"My company does BHPH Funding as well as some Floor Plan for BHPH dealers but we have not reached Missouri yet. We are currently in NC, SC, MD, DE and VA - but talk on the street is that there are a lot of lenders jumping into this arena so I am sure…"
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