Looking for consolidation for 2 restaurants
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  1. #1

    Looking for consolidation for 2 restaurants

    Hey guys, I have a merchant that has 2 restaurants bringing in about $200k monthly (open for about 5 and a half years) and just opened a 3rd one a month ago

    He owes about $700k on both restaurants between cash advances and Itria (I believe this is LOC) , bluevine, and kabbage

    Credit is 700 - He also has an sba with celtic bank .... I don't know if there are options for this merchant but he has a reverse consolidation on the table and isn't crazy about it

    Let me know if something is doable here.

  2. #2
    Hello! I could definitely take a look at this. We specialize in consolidating advances at the longest terms. Give me a call or shoot me an email.
    David Fite
    Director of ISO Relations

    Windgate Capital
    40 Wall Street, 29th Floor, New York, NY 10005
    Direct: (516) 400-2087 ǀ Fax: (347) 708-8699 | Cell: (929)-361-4156
    David@WindgateCapital.com ǀ https://www.WindgateCapital.com/

  3. #3
    Quote Originally Posted by dfite View Post
    Hello! I could definitely take a look at this. We specialize in consolidating advances at the longest terms. Give me a call or shoot me an email.
    I already work with Azad over there. I am looking into if he has real estate or not. Thank you

  4. #4
    Senior Member Reputation points: 54989
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    I am sure John Pinette has consolidated more than 2 restaurants !
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
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    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

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