Used Car Dealer Seeking Funding

This listing represents a used car dealership located in the United States that is seeking a loan or line of credit. The business was established approximately 8 years ago, with a new LLC formed in the last 6 months. The owner plans to use the funding to expand operations, specifically to offer sub-prime credit loans. These loans would be serviced by the dealership for 90-180 days before being sold off. The owner has a strong personal credit history, with scores of 702 (Experian) and 698 (Transunion). The business is seeking funding without upfront fees. While a $500,000 unsecured loan was previously approved, the terms were considered too high. The specific amount sought is not disclosed.