restaurant open 8 months
Need a Funder or Vendor? START HERE

Results 1 to 11 of 11
  1. 06-13-2019, 11:27 AM #1
    Sachip24
    Sachip24 is online now
    Senior Member Reputation points: 203690
    Join Date
    Jan 2014
    Posts
    1,378

    restaurant open 8 months

    can anyone go out 9-10 months on business thats been open for 8 momnths? Restaurant, 100k month rev, no positions, needs about 75k
    Reply With Quote Reply With Quote
  2. 06-13-2019, 12:25 PM #2
    mcaguru
    mcaguru is offline
    Senior Member Reputation points: 54989
    Join Date
    Dec 2013
    Posts
    4,713

    If you cant get a deal and need one ASAp...Mantis can go from Sub-To-Fund in hours -- 8 Months is Perfect (from 12 weeks in fact)...
    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
    Reply With Quote Reply With Quote
  3. 06-13-2019, 12:42 PM #3
    Chambo
    Chambo is offline
    Veteran Reputation points: 135672 Chambo's Avatar
    Join Date
    Sep 2012
    Location
    New York City
    Posts
    3,189

    Nobody is going to go out on a deal for a longer term than the merchant has been in operation.
    Reply With Quote Reply With Quote
  4. 06-13-2019, 01:47 PM #4
    Lmonus
    Lmonus is offline
    Senior Member Reputation points: 71352
    Join Date
    Mar 2016
    Posts
    908

    You will probably see a 120 day offer best case scenario in my opinion.
    Thank you,

    Lior Monus
    Business Development Manager
    CFG Merchant Solutions


    Direct: (646) 880-6764
    Cell: (516) 319-5826
    Fax: (646) 278-7322
    Lmonus@cfgms.com
    180 Maiden Lane New York, NY 10038

    www.cfgmerchantsolutions.com
    Reply With Quote Reply With Quote
  5. 06-13-2019, 02:01 PM #5
    Steven_O
    Steven_O is online now
    Senior Member Reputation points: 39760
    Join Date
    Oct 2014
    Location
    Naples, FL
    Posts
    476

    Your best bet is to do a cc split deal... use Rapid Advance.
    Reply With Quote Reply With Quote
  6. 06-13-2019, 03:10 PM #6
    therosefunder
    therosefunder is offline
    Member Reputation points: 5018 therosefunder's Avatar
    Join Date
    May 2019
    Posts
    97

    Did you try ARF financial if credit it solid they specialize in restaurants
    The Rose Funder l 917.228.4970
    bander@therosefunder.com
    Highlands NJ 07732
    http://www.therosefunder.com
    Reply With Quote Reply With Quote
  7. 06-13-2019, 05:22 PM #7
    Jason Sterling
    Jason Sterling is offline
    Senior Member Reputation points: 8447
    Join Date
    Jul 2015
    Location
    Tampa Florida
    Posts
    502

    I can probably do 10 months on it but has to be credit card split deal.
    Jason H l Sales & Business Development
    Quikstone Capital Solutions l Tampa FL
    Direct Line & Mobile 813-371-8233 l Fax 813-371-8233 l Text 727-492-8812
    Jason.Hausle@quikstonecapital.com
    www.quikstonecapital.com


    Direct Lender Since 2005
    Reply With Quote Reply With Quote
  8. 06-13-2019, 05:45 PM #8
    showtime44
    showtime44 is offline
    Senior Member Reputation points: 26419
    Join Date
    May 2018
    Posts
    130

    ARF financial gives crazy restaurant deals. dont know anything about them or if they have ISO's but a merchant of mine who I funded a few times, paid everyone off with an ARF deal that sounded way too good to be true. Which is what I told him. Until he showed me the contracts and the wire and then he paid us off.
    Reply With Quote Reply With Quote
  9. 06-13-2019, 05:52 PM #9
    Yankeeman07
    Yankeeman07 is offline
    Senior Member Reputation points: 84417
    Join Date
    Mar 2014
    Location
    Florida
    Posts
    2,976

    Quote Originally Posted by Sachip24 View Post
    can anyone go out 9-10 months on business thats been open for 8 momnths? Restaurant, 100k month rev, no positions, needs about 75k

    Credit Card Split / Lock Box
    Amount of funding is based upon average monthly cc sales & strength of business.
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial
    Reply With Quote Reply With Quote
  10. 06-13-2019, 07:04 PM #10
    WestCoastFunding
    WestCoastFunding is offline
    Senior Member Reputation points: 503040
    Join Date
    Oct 2016
    Posts
    4,318

    Quote Originally Posted by showtime44 View Post
    ARF financial gives crazy restaurant deals. dont know anything about them or if they have ISO's but a merchant of mine who I funded a few times, paid everyone off with an ARF deal that sounded way too good to be true. Which is what I told him. Until he showed me the contracts and the wire and then he paid us off.
    ARF is, and has always been, one of the most underrated funders.
    Reply With Quote Reply With Quote
  11. 06-14-2019, 10:49 AM #11
    Sara_Winograd
    Sara_Winograd is offline
    Member Reputation points: 372
    Join Date
    Jun 2019
    Posts
    10

    Ufs can go up to 8 months on a deal
    To submit send to sara@ufsfunding.com please cc subs@ufsfunding.com
    Feel free to reach out if you have any questions

    Sara Winograd- President Of Sales & ISO Development
    Unique Funding Solutions
    Cell- (347) 372-6527
    Desk- (516) 218-1193
    Email: sara@ufsfunding.com
    UFSFunding.com
    Reply With Quote Reply With Quote

Similar Threads

  1. Staffing Open 6 months Good Banks And Cement Co Has Equipment Need $ Against it
    By ava712 in forum Deal Bin
    Replies: 3
    Last Post: 12-20-2018, 09:54 PM
  2. Restaurant Open 3 Months Needs $150K - Doing $180K monthly so far
    By Quickfunder in forum Deal Bin
    Replies: 4
    Last Post: 10-04-2017, 11:03 AM
  3. Open BK paid on time, a few months remaining - need MCA
    By CFSCCorp in forum Merchant Cash Advance
    Replies: 3
    Last Post: 05-16-2017, 05:22 PM
  4. merchant open 4 months
    By Sachip24 in forum Deal Bin
    Replies: 11
    Last Post: 06-14-2016, 04:27 PM
  5. Liquor Store - Open 3 Months
    By GMFunding in forum Deal Bin
    Replies: 3
    Last Post: 06-30-2015, 01:54 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Forum Rules



INDUSTRY ANNOUNCEMENTS
Blue Owl Capital acquires Atalaya
Kansas added to disclosure service tool
FIS launches SMB digital lending

DIRECTORY