New Restaurant Opening
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  1. #1
    Senior Member Reputation points: 47257
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    New Restaurant Opening

    I have a merchant, looking to finance the opening of his restaurant.

    This is a long shot. No collateral, needs about 80k for equipment purchases.

    Any ideas?

  2. #2
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    Quote Originally Posted by skideeppow View Post
    I have a merchant, looking to finance the opening of his restaurant.

    This is a long shot. No collateral, needs about 80k for equipment purchases.

    Any ideas?
    Credit cards?

  3. #3
    Senior Member Reputation points: 54977
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    yes. he should buy the equipment ONLY from a group that offers financing.
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    覧覧覧覧覧覧覧覧覧覧覧覧覧
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  4. #4
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    Quote Originally Posted by mcaguru View Post
    yes. he should buy the equipment ONLY from a group that offers financing.
    buying the equipment from Italy.

    As for credit cards, you mean is he taking them or does he have them to use to finance?
    I put my contact info in here, and
    was bombarded with spam from funders
    if you need to reach me PM me

  5. #5
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    Quote Originally Posted by skideeppow View Post
    buying the equipment from Italy.

    As for credit cards, you mean is he taking them or does he have them to use to finance?
    Apply for them to use for the equipment purchase.

  6. #6
    Senior Member Reputation points: 8447
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    I have a Jumpstart Funding product to fund equipment for new businesses using our credit card split advance but $80,000 would be a major exception. Typically they fall in the $5,000-$30,000 range. If the business has an impressive business plan with revenue projections of at least $100,000 gross per month we can consider. Our Jumpstart Funding deals pay the 3rd party equipment providers directly. The merchant will not receive any of the money. We only release the funds once the merchant opens and completes two batches with Sterling Payment.
    Jason H l Sales & Business Development
    Quikstone Capital Solutions l Tampa FL
    Direct Line & Mobile 813-371-8233 l Fax 813-371-8233 l Text 727-492-8812
    Jason.Hausle@quikstonecapital.com
    www.quikstonecapital.com


    Direct Lender Since 2005

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