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03-21-2019, 12:43 PM #1
- Join Date
- Apr 2017
- Posts
- 127
Restaurant 20+ years in business, consistent revenue, new owner
The merchant just bought an existing restaurant that has been operating in the area for over 20 years. They have solid, consistent revenue. The new owner can provide all of the old bank statements and tax returns. The new corp was filed this month, and obviously doesn't match the corp on the old statements.
Are there any Direct Lenders that are okay with a new owner, so long as they can provide proof of ownership and purchase & sale agreement for the business?
thank you.
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