[rhum2016]

Need a direct lender. 100K, 685 credit, couple with solid work history, QSR franchise.

[Lendvo]

We'll do business purchase finance @Lendvo under certain conditions.

Shoot us an email: support@lendvo.com

[rhum2016]

What are those conditions? Im sure everyone would like to see your answer, no need to email yet.

[Lendvo]

What are those conditions? Im sure everyone would like to see your answer, no need to email yet.

- Buyer is putting up at least 33% in cash
- Business being purchased has been in business for at least 3 years
- Buyer has specific and highly relevant experience to running that business
- Previous financial statements from seller and all requested documents are available
- If there is a holdback/seller finance component the seller will subordinate their security claim to Lendvo
- Approval of purchase and sale agreements by Lendvo

[Lendvo]

Additionally you should know we are a term loan, NOT a purchase of receivables. This means legally we have a lot more leeway to structure purchase finance deals than an MCA contract would allow for.

[rhum2016]

- Buyer is putting up at least 33% in cash
- Business being purchased has been in business for at least 3 years
- Buyer has specific and highly relevant experience to running that business
- Previous financial statements from seller and all requested documents are available
- If there is a holdback/seller finance component the seller will subordinate their security claim to Lendvo
- Approval of purchase and sale agreements by Lendvo

Thank you! Well its buying into a new QSR franchise location, so not an existing one.
They dont have the 33% liquid cash.

And yes i would only be looking for a long term loan, nothing else will work.

[Kevin Henry-Seacoast]

https://www.restfinance.com/Finance-...ate-Directory/

Perhaps someone attending this conference can help.

[Kevin Henry-Seacoast]

https://www.arffinancial.com/

[Lendvo]

Thank you! Well its buying into a new QSR franchise location, so not an existing one.
They dont have the 33% liquid cash.

And yes i would only be looking for a long term loan, nothing else will work.

Got it. Not for us in that case unfortunately.

[WestCoastFunding]

This would have to be an SBA.

[rhum2016]

Thanks all