Lenders that dont require a k1 for 175k plus
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  1. #1
    Senior Member Reputation points: 27404
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    Lenders that dont require a k1 for 175k plus

    Got a restaurant, which was just purchased an existing franchise chain in 2016 during the tax filing, the ownership on the k1 for 2016 taxes does not show the new owner do to filing dates,

    current taxes are on extension & current offer wont move forward because no K1

    -Even with a sale purchase agreement or a corp resolution....?

    anything would help at the moment.
    Steven Jones
    www.davincinc.com
    Steven@davincinc.com
    PH: 210-290-4102
    "We can beat your offer!"

  2. #2
    Senior Member Reputation points: 218103
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    Have you tried having the client file taxes quickly with complete estimates, and file amended taxes by October?

  3. #3
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    UFS would potentially do it shoot me an email irving@ufsfunding.com
    Irving Winograd
    Unique Funding Solutions
    646-460-3139

  4. #4
    Senior Member Reputation points: 6957 ESE5020's Avatar
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    Not sure about the amount we can fund this type of merchant, but we like restaurants, and I can get the proof of ownership handled with a notarized, verifiable, purchase and sale agreement.
    East Shore Equities, LLC
    Submissions@EastShoreEquities.com
    Tel: 516-231-5595 | Fax: 516-231-5590
    www.EastShoreEquities.com

  5. #5
    Senior Member Reputation points: 54977
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    Mantis would only really need a K1 if we see questionable ownership's or etc or maybe after ownership transfers. FYI..we are now mastering 'THE-MANTIS-FASTBALL' with so many brokers targeting the same merchant you need a funder that can price and fund in 'FASTBALL MODE' so you can receive the funding email before others reply with a price.
    Last edited by mcaguru; 05-02-2019 at 12:02 PM.
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    覧覧覧覧覧覧覧覧覧覧覧覧覧
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  6. #6
    Senior Member Reputation points: 60165
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    Quote Originally Posted by mcaguru View Post
    Mantis would only really need a K1 if we see questionable ownership's or etc or maybe after ownership transfers. FYI..we are now mastering 'THE-MANTIS-FASTBALL' with so many brokers targeting the same merchant you need a funder that can price and fund in 'FASTBALL MODE' so you can receive the funding email before others reply with a price.
    lollllllllllllllllllllllllllllllllllllllllllllllll llllllllllllllllll mantis cresthill? or the REAL funding companies you really submit to

    your so full of crap you guys stip out of the ass for a 9k deal imagine on 175

  7. #7
    Senior Member Reputation points: 107104
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    Is the mantis fastball how fast mcaguru runs every time someone ask a legitimate question to him or how fast it goes to cresthill?

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