MANCITYFAN

Stocking loan advise

Recommended Posts

Hi guys,

 

We deal in sports and prestige cars and have used Motonovo for our funding for the last 3-4 years. As we do a lot of deals with Alphera (via a broker) due to their excellent residual values it would make sense to join them direct but unfortunately as we operate from a unit rather then a fancy showroom they wouldn't take us on. Is there any other decent companies out there that I should try as I'd like to increase stock levels,  currently have 150k with Motonovo and have been offered an extra 200k but it doesn't work as i don't send them all my deals due to high APRs. With Alphera I was getting 5.9% APR along with good acceptance rates.

 

Any advise would be much appreciated. 

Share this post


Link to post
Share on other sites

BCA partner finance seem to be keen to give stocking loans. I think they only fund stock bought from BCA.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.