Equipment for Gas Station and Restaurant (lenders only)
Need a Funder or Vendor? START HERE

Results 1 to 4 of 4
  1. #1
    Senior Member Reputation points: 752
    Join Date
    Apr 2014
    Location
    Chicago, IL
    Posts
    185

    Equipment for Gas Station and Restaurant (lenders only)

    I have two deals (both in Texas) that are for expansions of a gas station and a restaurant. Both companies have good financials, cashflow and about $125 and $225K of equipment to finance respectively. Problem is that both owners are credit deficient. We only received a $35K approval at Pawnee at for one of them and $7K for another. We can break the invoices up into multiple ones if needed.

    Given the abundance of third party placement companies, I am not looking for more syndicate brokers who are going to take it to the same lenders. So please suggestions for or lenders only.

    Thank you!

  2. #2
    Banned Reputation points: 10
    Join Date
    Jul 2017
    Posts
    25

    Direct message me. We do all types of funding and lending.

  3. #3
    Member Reputation points: 349
    Join Date
    Jan 2015
    Posts
    70

    I sincerely wish you the best of luck placing what sounds like either a miss-stacked or unbankable deal. Let me know if you have a problem finding a direct lender willing to consider funding $350,000 of equipment for an expansion

  4. #4
    Senior Member Reputation points: 34509 Jstarr's Avatar
    Join Date
    Nov 2014
    Location
    South Florida
    Posts
    840

    Try Utica Equipment financing..
    Jerry Starr
    Insource Funding
    433 Plaza Real,
    Boca Raton, Fl 33432
    P: 800-805-3391 Fx: 561-270-6895
    insourcefunding.net

    WHAT WOULD YOU DO " IF " YOU HAD THE CAPITAL

    ◆ 50% LTV - No Fico Required
    ◆ 90% CLTV on Purchases
    ◆ Investment Residential / Commercial Properties



Similar Threads

  1. Equipment lease for 'a' list restaurant doing $14mm/yr
    By PulseLenders in forum Deal Bin
    Replies: 4
    Last Post: 05-02-2017, 11:54 PM
  2. Who offers restaurant equipment financing for start ups?
    By LoanShark714 in forum Financial Services
    Replies: 10
    Last Post: 11-16-2016, 03:28 PM
  3. Restaurant Equipment Financing - 550 Fico
    By BigIz in forum Deal Bin
    Replies: 4
    Last Post: 10-23-2015, 09:22 PM
  4. Replies: 2
    Last Post: 06-25-2015, 07:58 AM
  5. Asset Based Loans for Used Restaurant Equipment???
    By Steven_O in forum All Other Lending
    Replies: 5
    Last Post: 02-04-2015, 07:35 AM


Posting Permissions

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


INDUSTRY ANNOUNCEMENTS

Pipe secures $100M credit facility
Cloudsquare: 14 new lender APIs
FundKite survey finds 77%


DIRECTORY