Results 1 to 6 of 6
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01-29-2019, 01:49 PM #1
- Join Date
- Jan 2014
- Posts
- 56
Franchise Funding
Merchant has multiple franchise locations, and he is looking for a large amount to open up another 10-15 locations. He has a term sheet with a bank in California, but they did not give him enough capital. Credit is tier 1. Please Pm me.
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01-29-2019, 01:51 PM #2
- Join Date
- Oct 2018
- Posts
- 72
Your inbox is going to be FLOODED, hope your ready!!
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01-29-2019, 01:56 PM #3
- Join Date
- Jul 2014
- Location
- Online
- Posts
- 965
Hey Stat! We work with California and can assist you if you do not have a CA Lenders License on this deal. There is a lot of review for this one and franchising agreements/alt financing can be a headache depending on the franchisee.
Can't make decisions for you but your best bet is to safeguard this deal and not (repeat) NOT go with your typical MCA hand raiser. PM me if you want to review. There is a good amount of training that can be learned from this tooAmanda Kingsley
DailyFunder: WhoisKingsley
This is me. https://www.facebook.com/whoiskingsley
I am Here too. https://www.facebook.com/groups/TheClosersGroup
Always Live and Lead with Integrity.
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02-14-2019, 02:12 PM #4
- Join Date
- Jan 2014
- Posts
- 56
Merchant has 11 franchise locations in the east coast. With total yearly revenue of $6.7 million. He is looking to refinance the current debt that he has on those 11 locations and purchase and remodel 18 more locations. Those 18 Locations bring in close to $12 million a year. He is looking for $6.5 million with a minimum term of 7 years. He has an offer from a bank, but he does not like the terms. Please send me a PM.
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02-14-2019, 02:23 PM #5
- Join Date
- Jun 2016
- Location
- Tampa, FL
- Posts
- 180
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03-08-2019, 01:10 PM #6
- Join Date
- Apr 2018
- Location
- 31-10 37th Ave., Suite 202 Long Island
- Posts
- 39
If an SBA Doesn't work out, we would love to do this deal.
MJ@24CAPITAL.COM
203 - 898 - 5115
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