[wize111]

Looking for a balance sheet able to fund a cash-flow based 3-5 year business loan to a growing NY based restaurant group with rates in the teens. Use of funds will be launching of new locations.

Brokers, MCA companies and balance sheets not used to the above mentioned sizes/rates, please do not bother replying.

Thank you!

[RichardGerard]

Looking for a balance sheet able to fund a cash-flow based 3-5 year business loan to a growing NY based restaurant group with rates in the teens. Use of funds will be launching of new locations.

Brokers, MCA companies and balance sheets not used to the above mentioned sizes/rates, please do not bother replying.

Thank you!

With all due respect Wize111 your ask isn't a lenders dream. Restaurants have very little assets (the fire suppression equipment, and cooking line do not hold value, and the walk in box is typically the most valuable line item on the balance sheet).

When you further consider that restaurants have a very high failure rate- saying the capital will be used for expanding 3-5 locations is not something institutional lenders will want to hear.

Guarantors will need stellar credit- and having personal assets to pledge would help the deal along. While we work with Partner Banks that like the Hospitality field it isn't the easiest to navigate.

Feel free to touch base if you would like assistance.

Best,

RG

Mobile 516 510 3855

www.businesscapitalconsultants.com

3237 Route 112 Suite 9
Medford, NY 11763