[distefanoenterprisesllc]

A Paper excellent credit
Restaurant / Pizzeria open since 1967
About 280K monthly deposits
Tax returns 1.5 million .... have returns for 2015 & 2016

Looking for 300k
Needs to be roughly around 8 %

[abfunders]

Go with an SBA if the credit is 650+.
If you want to make extra money on top, get him Business Lines of Credit. Be in touch with me, I'll tell you how.

[Yankeeman07]

A Paper excellent credit
Restaurant / Pizzeria open since 1967
About 280K monthly deposits
Tax returns 1.5 million .... have returns for 2015 & 2016

Looking for 300k
Needs to be roughly around 8 %

Micah advice is excellent - To be in the range of 8% - SBA may be the correct solution.
Takes several weeks to close and additional documentation for 300K

BTW - smaller commissions with SBA

[Jason Sterling]

Would they consider a staggered CC Split MCA? Maybe they don't need $300k all at once. I recently funded a restaurant where they took $20k initial and then another $150k after 30 days. We can get aggressive on factor for well qualified merchants.

[ABL Rob]

We offer SBA loans, ranging from $300K to $5,000,000.
Client needs 680 credit and 3yrs tax returns.
Restaurants and Franchises are good candidates for our SBA.

AmeriFactors Financial Group is a DIRECT LENDER and has funded over $5BILLION since 1990.
We offer:
• NON-Recourse A/R Factoring
• PO Funding
• Asset Based Lending (ABL)
• SBA Loans

Send me a pm or give me a call or email.

Rob Brownell
Amerifactors Financial Group
215 Celebration Place, Suite 340, Celebration, FL 34747
p: 772-419-8606
e: rbrownell@amerifactors.com
w: www.amerifactors.com

[Sachip24]

give him term loan. 3-5 years rates 6-12% monthly payments discounted interest, pays more then sba closes in about week if the file is clean

[mcaguru]

If no one wants to work with his TAX issues ...we would be happy to make a quick offer.

[Funder Mark]

If no one wants to work with his TAX issues ...we would be happy to make a quick offer.

What tax issues?

[ssafirstein]

SBA or even Fundation seems like the best avenue for this merchant. What is their timeline for funding? We provide a lot of merchants with bridge financing while they are working on their SBA loan. Though I can't get to an 8% rate, we do provide loans up to 24 months with daily, weekly and monthly repayment options. For customers using this as a bridge product, we have very aggressive early repayments structures where the merchant save upwards of 60% on the total cost of the loan. Feel free to reach out to me directly to discuss this deal as well as our product details.

FYI...Something does seem a little off on the numbers above. A highly profitable pizza shop should have margins of about 25% (net) and more typically trend to 10-15% margins, especially if they are chain. Above you stated taxable income of $1.5MM on about $3.3MM of revenue which is about a 45% margin which is more in line with gross profit margins of a pizza store. Was the $1.5MM the combined net over 2 years?


Steven Safirstein
Vice President of Sales & Head of ISO Relations
Breakout Capital Finance, LLC
6862 Elm Street, Suite 300, McLean, VA 22101
O: 703 852 6013 I steven@breakoutfinance.com

[WestCoastFunding]

What tax issues?

Yeah, Marcus had to make up some stuff to plug Mantis' 1.49 over 4 months, when the merchant is seeking an 8% APR.

[Karen37a]

Some in the Mca industry Love pizza places...especially in business over 10 years

Sbas take awhile or seek out 15-24 months, or term loan not at 8%

Part of our job is to talk people into reality or fairness on all sides.

It's like telling someone who works at Burger King they can't get a 2 million dollar mansion, on minimum wage, no matter what their credit score is.. the numbers do not fit ( exaggerated for effect )

( watch out for the sale on the pizza place he could be going into retirement ) ..


What does he want the money for? # 1 question