Results 1 to 7 of 7
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09-18-2017, 05:23 PM #1
- Join Date
- Sep 2017
- Location
- Scottsdale, AZ
- Posts
- 36
$4mm per year Restaurant prefers LOC
Client with no debt and $4mm 2016 revenue seeks LOC. I have presented MCA to the client he is rate savvy however and would prefer an LOC. Great credit and cash flow.
David Fears CPA
GIGATT Business Solutions
9188 E San Salvador Drive
Scottsdale, AZ 85058
(602)753-9158
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09-19-2017, 12:01 AM #2
$4mm per year Restaurant prefers LOC
is his name Joe? owns several restaurants, New York, FLA etc...
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
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09-19-2017, 03:23 PM #3
- Join Date
- Sep 2017
- Location
- Scottsdale, AZ
- Posts
- 36
No. Hes a California guy with restaurants in CA and Phoenix. Can you help?
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09-19-2017, 03:51 PM #4
- Join Date
- Jan 2015
- Posts
- 70
Nice credential David
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09-19-2017, 04:18 PM #5
- Join Date
- Oct 2016
- Posts
- 4,318
So, usually a bank-rate LOC would require A/R. So if the merchant doesn't expect something bank-rate, I'd consider ARF's Line of Credit.
http://www.arffinancial.com/loan-pro...nes-of-credit/
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09-19-2017, 06:11 PM #6
- Join Date
- Jun 2014
- Posts
- 89
PM'ed you
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09-20-2017, 09:11 AM #7
- Join Date
- Sep 2017
- Location
- North Bay Village
- Posts
- 11
I have a couple of Partners I work with. If revenue is what you say and credit is over 600.
lets have a conversation today.
954-297-2348
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