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04-11-2018, 03:18 PM #1
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Private lender or anyone that can go this high..owns Motel Chain does 44mill a year
he is looking for 10million for more locations. If you can do please pm and we can go over the details. Thank you.
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04-11-2018, 03:31 PM #2
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SBA is probably the best way to go with these. Long process, very involved, won't pay more than 1%, maybe 2 if you're lucky.
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04-11-2018, 03:35 PM #3
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04-11-2018, 03:40 PM #4
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Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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04-11-2018, 04:10 PM #5
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I just got off the phone with someone who loves the idea.
SBA 7(a) caps out at 5mm, you're right. They would go traditional, mid-6's, 25-year amortization.
Again, won't pay more than 1 point, but you can probably get a fee agreement on top since it won't be the SBA.
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04-12-2018, 01:57 AM #6
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Give me a call I can get something worked out for you 870.914.9880
AJ
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