Asset Based Loans for Used Restaurant Equipment???
Need a Funder or Vendor? START HERE

Results 1 to 6 of 6
  1. 01-26-2015, 06:45 PM #1
    Steven_O
    Steven_O is online now
    Senior Member Reputation points: 39236
    Join Date
    Oct 2014
    Location
    Naples, FL
    Posts
    470

    Asset Based Loans for Used Restaurant Equipment???

    I'm currently looking for a lender that can offer asset based loans for used restaurant equipment... any suggestions?
    Reply With Quote Reply With Quote
  2. 01-26-2015, 07:54 PM #2
    Eagle Funding
    Eagle Funding is offline
    Senior Member Reputation points: 11553 Eagle Funding's Avatar
    Join Date
    Oct 2014
    Location
    New York
    Posts
    385

    Anydealfunded does them, his name is Henry give him a call 774 208 8118
    Reply With Quote Reply With Quote
  3. 01-26-2015, 09:14 PM #3
    Steven_O
    Steven_O is online now
    Senior Member Reputation points: 39236
    Join Date
    Oct 2014
    Location
    Naples, FL
    Posts
    470

    Asset Based Loans for Used Restaurant Equipment???

    thank you!
    Reply With Quote Reply With Quote Posted from Android app
  4. 01-27-2015, 04:56 PM #4
    bdshaw
    bdshaw is offline
    Banned Reputation points: 4530
    Join Date
    Mar 2014
    Location
    Ann Arbor, Michigan
    Posts
    1,289

    If his personal credit is reasonable and his cash flow can cover debt payments a SBA loan, up to $350,000, at 6% APR and closes on about 20 days might help him.
    Bob Shaw
    734-929-3800
    Reply With Quote Reply With Quote
  5. 01-30-2015, 04:19 PM #5
    Samir Nye_the Finance Guy
    Samir Nye_the Finance Guy is offline
    Member Reputation points: 10
    Join Date
    Jan 2015
    Posts
    7

    World Business Lenders can do it and we pride ourselves on doing collateral based deals! We are also willing to “stack” behind other lenders only when the business can show the ability to pay and has significant collateral to secure the loan. Our entire application and underwriting process is completely free of charge and I’m able to provide you with offers based on minimal documentation.

    Give me a call to discuss options
    Samir Nye - Finance Specialist & Business Development
    120 W. 45th St.
    New York, NY 10036

    Direct: (212) 271-8279
    Mobile: (718) 902-5462
    Fax: (646) 786-4769
    Email: snye@wbl.com
    Reply With Quote Reply With Quote
  6. 02-04-2015, 07:35 AM #6
    RichardGerard
    RichardGerard is offline
    Senior Member Reputation points: 68233
    Join Date
    Dec 2014
    Location
    Quogue, NY
    Posts
    1,108

    ABL on Restaurant Equipment can be challenging because of the horrific depreciation.. If you would like to discuss options/the situation feel free to touch base..

    Richard 516 510 3855

    rg@businesscapitalconsultants.com
    Reply With Quote Reply With Quote
« Previous Thread | Next Thread »

Similar Threads

  1. Asset Based Loans
    By bruce@bdfunding.com in forum Merchant Cash Advance
    Replies: 4
    Last Post: 08-21-2015, 04:22 PM
  2. Asset Based Loans on Land Parcels
    By mca123 in forum Deal Bin
    Replies: 3
    Last Post: 09-11-2014, 09:00 AM
  3. Asset Based Loans on Land Parcels
    By mca123 in forum Deal Bin
    Replies: 3
    Last Post: 09-10-2014, 03:58 PM
  4. Asset Based Loans / Using items as collateral
    By Sean Cash in forum All Other Lending
    Replies: 20
    Last Post: 07-19-2014, 02:00 PM
  5. Asset Based Loans
    By bruce@bdfunding.com in forum All Other Lending
    Replies: 4
    Last Post: 06-12-2014, 01:35 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Forum Rules



INDUSTRY ANNOUNCEMENTS
Lendica partners w/ EBizCharge
Pipe plans to fund $1B to SMBs
URBN partners with Stripe

DIRECTORY