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10-03-2018, 07:15 PM #1Member
Reputation points: 10
- Join Date
- Feb 2014
- Posts
- 79
Restaurant doing $1.3MM, wants to do lockbox, has balance 1st position $60K
Upscale Restaurant located in upstate NY, doing $1.3-$1.8 annually w/ 80% in credit cards, has a 1st position balance of $60K wants to do a CC deal(lockbox OK). Looking for 2nd position to net $45-50K.
267-970-0093 . Adele Fundswired
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Restaurant: $6,700/mo deposits $4,200/mo in CCs. 700+ FICO; Neg. Days. Needs Lockbox.
By Fundyman in forum Deal BinReplies: 8Last Post: 12-31-2017, 08:31 AM -
Which funder will pay off balance from first position to assume first?
By pdmbls in forum Deal BinReplies: 6Last Post: 03-19-2017, 06:33 AM -
4 Position Consolidation 104k Balance
By nass15 in forum Deal BinReplies: 5Last Post: 02-23-2017, 02:30 PM -
Can it be done... Restaurant with high balance
By Jstarr in forum Deal BinReplies: 3Last Post: 11-10-2014, 04:18 PM -
80K Balance with CAN 2nd position
By Zach in forum Deal BinReplies: 5Last Post: 08-01-2014, 06:25 PM
