Results 1 to 4 of 4
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07-12-2018, 11:27 AM #1
- Join Date
- Jan 2018
- Posts
- 34
Franchise Expansion Deal
I have a customer that's looking to get financing secured to purchase 5 more Subway locations. Currently owns locations as well. Has 10-15% to put down but needs to include the Subway transfer fee of $7,500 in the loan or in their down payment. $170k for the first loan and $200k for the second.
They took out financing for a location in January and owe $137k to Simmons.
Looking for term, not MCA or bridge. They are not purchasing the physical buildings, so we were told SBA is out. 800 score for one owner and 650 for the other.
Anyone with ideas, please message me directly. Let's save some time though -- don't worry about messaging me with your gmail account!
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07-12-2018, 12:41 PM #2
Apple Pie Capital does franchise. They broker some stuff but good group
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07-12-2018, 01:05 PM #3
- Join Date
- Jan 2018
- Posts
- 34
I'll check them out. Thank you!
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07-12-2018, 01:40 PM #4
- Join Date
- Jul 2018
- Location
- New York
- Posts
- 2
BizFund Will be happy to Take a Look, we love Franchisee's and we can potentially make an offer with weekly payments here.
Anthony
Director of ISO Relations
Tony@Bizfund.com
Direct: (718) 362-6213 | Fax: (718) 360-9673 | Cell: (917) 565-9880
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