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  1. #1
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    Steakhouse consolidation

    Client is a steakhouse
    145K outstanding
    seeking 250k
    pay off existing
    700+ Personal Credit
    Avg Daily balance: 34,954 in March

    Send me a PM if you can close this deal ASAP!

  2. #2
    Veteran Reputation points: 157541 J.Celifarco's Avatar
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    Quote Originally Posted by BSCI 504 View Post
    Client is a steakhouse
    145K outstanding
    seeking 250k
    pay off existing
    700+ Personal Credit
    Avg Daily balance: 34,954 in March

    Send me a PM if you can close this deal ASAP!
    the outstanding 145k is between how many positions
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

  3. #3
    Veteran Reputation points: 134971 Chambo's Avatar
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    Quote Originally Posted by BSCI 504 View Post
    Client is a steakhouse
    145K outstanding
    seeking 250k
    pay off existing
    700+ Personal Credit
    Avg Daily balance: 34,954 in March

    Send me a PM if you can close this deal ASAP!
    145K outstanding.....but what are the monthly deposits?

  4. #4
    Senior Member Reputation points: 64
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    Jul 2014
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    196

    Steakhouse consolidation

    Depending on monthly volume we can get this done. Contact me if you still need a home for this file.

    Mike@samsonpartnersllc.com
    347-492-1801

  5. #5
    Member Reputation points: 3332
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    Here are the numbers...
    Jan 153,927.53
    Feb 164,670.75
    March 172,002.22

    Bank Deposits are

    Dec 222,675.56
    Jan & Feb 319,440.77
    March 178,869.06

    The current payoff is 140k client is seeking a 18 to 24 month term with monthly payments if possible but will take a longer term MCA. There is only 1 PAYOFF!

    Call me if we can do a deal 832-942-1938 Jay

  6. #6
    Senior Member Reputation points: 30475 Zach's Avatar
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    If he has real estate collateral WBL can lend up to $400K over at least 18 months.
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

  7. #7
    Member Reputation points: 3332
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    one place on the 145k

  8. #8
    Veteran Reputation points: 134971 Chambo's Avatar
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    Quote Originally Posted by Zach View Post
    If he has real estate collateral WBL can lend up to $400K over at least 18 months.
    Oh shut up already! Yeah, you'll do it, but at a 1.75

  9. #9
    Veteran Reputation points: 134971 Chambo's Avatar
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    Quote Originally Posted by BSCI 504 View Post
    Here are the numbers...
    Jan 153,927.53
    Feb 164,670.75
    March 172,002.22

    Bank Deposits are

    Dec 222,675.56
    Jan & Feb 319,440.77
    March 178,869.06
    Is that Jan & Feb COMBINED were $319K, or they did $319K each month?

    Honestly, with $140-145K outstanding balance, I just don't see much room here to offer anything significant

  10. #10
    Senior Member Reputation points: 30475 Zach's Avatar
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    Quote Originally Posted by Chambo View Post
    Oh shut up already! Yeah, you'll do it, but at a 1.75
    Since it would fall into our "Gold" package based on this info, it would be less than half of that
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

  11. #11
    Senior Member Reputation points: 12878
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    Do you have a balance sheet?

  12. #12
    I can offer a very competitively priced 2nd.

  13. #13

    owner-operator seeking term loan

    1 Position
    Great credit
    Wants monthly payments

  14. #14
    We can restructure this and offer traditional lending; 2 products, both pay well.
    jimmy@sigicancapitalcorp.com

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