Blake Griffin
phoenix, AZ (USA)
Role(s):
Founder/Owner/Principal
Mid Market Auto Finance
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Startup
Location:
phoenix
Industry:
Automotive
Year Founded:
2008
Number Employees:
1-10 people
Description:
25+% returns!!! Help me fund a secondary auto finance company in the fastest growing city in the united states, Phoenix. I have a High Quality Problem, I have to Many auto dealers who want me to fiance their car deals and I dont have enough money for all the business!! I am a serial Entruprenuer with an MBA and 6+ years as a Manager in the Car business. Also own a sucessful CRM solutions consulting company as well as a high profit pool and spa repair business. Help me take advantage to the "C" level contacts i have created over my career. We are offering no credit check auto loans to consumers with bad credit at high interest rates. We sell 3-4k cars for 12K and own all the profit centers in the deal including the GAP and Warr. Company. Cars are GPS tracked and will be turned off and repoed 48hours after the payment is past due. There is no down time with our assets, and we get to sell the car again for a huge profit. 1 Million dollars lended out would result in about $600k in gross profit sharing kick backs from the dealer and over $75,000 a month in cash flow. Payments are taken via Credit Card weekly. The best part is being able to sell the contracts 6-8 months later to another secondary finance company for 80 cents on the dollars. This results in over a $20,000 profit per car and they only cost us 3,000. I need an Angel investor right away to help me get this plane in the air and soaring!!!. Looking to sell portions of equity ASAP!!