Results 1 to 7 of 7
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05-03-2019, 12:28 PM #1
Reputation points: 1018
- Join Date
- Oct 2012
- Posts
- 142
Restaurant Deal
This is restaurant located in Texas. Here are the specifics.
December $69K
January $70K
February 61K
TIB 8 Years
No NSF's, good average daily balances, and ending balances.
Need sell rate lower than 1.28/at least 9 months/with 12pts built-in.
Also, no origination fee's. Merchant to get full advance without an deductions. and no COJ.
Lenders Only!
Howie Dane
Funding Sources for Business
president@fundingsourcesforbusiness.com
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05-03-2019, 01:45 PM #2
Reputation points: 203963
- Join Date
- Jan 2014
- Posts
- 1,380
how was revenue in March and April? if credit is good online checkout all day
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05-03-2019, 01:48 PM #3
Reputation points: 341293
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,509
I have a feeling you will see a lot more restaurants seeking capital over the next several months. Putting my trader hat on.....I would be shorting the crap out of the industry right now.
Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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05-03-2019, 01:53 PM #4
Reputation points: 40412
- Join Date
- Oct 2014
- Location
- Naples, FL
- Posts
- 477
This sounds like a Rapid Advance deal... ALL DAY.
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05-03-2019, 02:30 PM #5
credit?
Sean Hawley
CEO
BLF
Bright Light Freight
shawley@brightlightfreight.com.com
631-210-6327
SBA, Term Loans, LOC, MCA & Equipment Finance (Transportation & Trucking)
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05-03-2019, 02:37 PM #6
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05-14-2019, 04:11 PM #7
Reputation points: 341293
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,509
Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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