Results 1 to 3 of 3
  1. #1

    Restaurant $80K per month 1 Year Term Loan NO MCA

    We have a restaurant looking for $100k over a 1 year term. Rate needs to be 10-12%. They gross around $80-90k per month. No collateral. No Balances. Line of Credit, or Term Loan is acceptable.

    They are NOT looking for an MCA. Already have BFS & CAN offers. They will not pay a 1.20. Please reply or send a message if you are a direct lender and can offer a term loan or credit line for under 12% over a one year term. Thank you.

  2. #2
    Veteran Reputation points: 101710 Chambo's Avatar
    Join Date
    Sep 2012
    New York City

    one year in biz, n collateral, and does $80-90 per month?

    Someone needs to bring them out of La-La Land, and back to reality

    they have Mercedes tastes with a Volkswagen budget

  3. #3
    Senior Member Reputation points: 30207 brokerCompany's Avatar
    Join Date
    Aug 2015

    1 year in business, yeah NO term loans available unless you try loanme. BUt the rates would be too high for client.

    maybe one of the online crowd lenders would do it

Similar Threads

  1. Restaurant seeking 1st Position 15 month term
    By CashAdvanceKing in forum Deal Bin
    Replies: 5
    Last Post: 03-28-2019, 02:28 PM
  2. Replies: 9
    Last Post: 03-06-2019, 05:37 PM
  3. 5 year term loan
    By benmcgary in forum Deal Bin
    Replies: 2
    Last Post: 03-12-2018, 08:19 PM
  4. looking for 3-5 year term loan
    By ISELLCASH in forum Business Loans
    Replies: 22
    Last Post: 02-26-2016, 11:31 AM
  5. restaurant with 6.9M in sales looking for a term loan
    By Jstarr in forum Business Loans
    Replies: 2
    Last Post: 04-22-2015, 02:57 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