Net Equity Financial Mortgage offers commercial loans for the refinancing or acquisition of new and used car dealerships. Borrowers seeking financing for their dealership have unique needs and require specialized financing to meet these needs. At Net Equity, we have the expertise and experience to structure customized commercial mortgage loans from $500,000 to more than $25 million to help meet the specific financing needs of Auto Dealership borrowers
Auto Dealership Commercial Loans
Auto dealer loans are available for the acquisition or refinancing of new and used car dealerships where the loan is secured by commercial real estate. Net Equity Financial cannot provide financing for business only transactions, factoring or floor plan financing.
· New Auto Dealership Commercial Loans From $500,000
· Loan Collateralized by Commercial Real Estate - No Business Only Financing
· Acquisition or Refinance of Stabilized Auto Dealerships
· Bank, SBA and conventional financing available
· 3, 5, 7, 10 Year Fixed Rates
· 15, 20, 25, & 30 Year Amortizations
· Flexible Prepay Options
· 55%-80% LTV
· Full Document - Personal Recourse
· Minimum 660 Credit Score
· 3 Years of Historical Income Req.
· Low Minimum 1.40 DSCR
Stated income auto dealership loans are available for borrowers with strong credit and liquidity up to a maximum loan size of $1,000,000 -currently not available.
Used Car Dealership Loans and Used Car Lot Loans
Net Equity Financial Mortgage offers competitive commercial financing for used car lots and dealerships with 30 year terms, low fixed-rates and high LTVs. Used car lot commercial loans from $1,000,000.
Learn more about Net Equity Financial Mortgage auto dealer loans by contacting our commercial mortgage loan professionals at 1-800-757-1990.
Auto dealership loans and financing are available for experienced owner operators. Used car lot loans have minimum credit score and liquidity requirements. Contact Net Equity Financial at1-800-757-1990 to learn more.