manuel sarmento
westport, MA (USA)
Role(s):
Founder/Owner/Principal
state cap auto finance
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Startup
Location:
westport
Industry:
Finance
Year Founded:
2008
Number Employees:
1-10 people
Business Stage:
Growth (profitable)
Entity Type:
"S" Corporation
Description:
Im the owner of 2 used auto dealerships since jan2004,with gross sales of aprox $20 mil annually with about 20 to 30% of my busniss falling on th buy here/pay here (URL removed) in 2008 i started state cap auto finance wich by now has about $4 million of receivables(in contracts)at a 21% anual (URL removed)hough this busniss is a very profitable busniss it takes lots of cash (URL removed) name of the dealerships are prestige auto mart and prestige2,the web site (URL removed) financials are very strong and im seeking investors so i can get to my goal of 8million of receivables with out having to put a budon on my 2 (URL removed)NKS,if you need more info please cantact me.