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Funding For Independent Dealerships

Dec 8, 2019
6
0
First Name
John
We are a pretty large independent dealership, we do about 80 to 100 units a month. In business for 5 years. Any ideas or recommendation for capital to finance growth, possible 2nd location. We already have a floorplan and a bank that will give us some working capital but not enough to go all out. Is it realistic to attract Angel investors, Venture capital, or finding someone willing to invest in an independent dealership. There is such a bad stigma for used car dealers but maybe I am wrong. Have not had much luck.
 
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