Restaurant expansion in California seeking 25k
Need a Funder or Vendor? START HERE

Results 1 to 3 of 3
  1. #1

    Restaurant expansion in California seeking 25k

    I have a client seeking 25k for a restaurant expansion in California. Their story is that their banker told them to use overdraft as a line of credit if they just paid the transaction fee for each overdraft. Same banker refused more formal funding.

    20-25k monthly deposits

    Will anyone fund this despite the many overdrafts?

  2. #2
    Send to deals@mainstreetcash.com. I fund deals like this all day long

  3. #3
    Senior Member Reputation points: 84416
    Join Date
    Mar 2014
    Location
    Florida
    Posts
    2,947

    Quote Originally Posted by Tim View Post
    I have a client seeking 25k for a restaurant expansion in California. Their story is that their banker told them to use overdraft as a line of credit if they just paid the transaction fee for each overdraft. Same banker refused more formal funding.

    20-25k monthly deposits

    Will anyone fund this despite the many overdrafts?
    Credit Card Splits / Lock Box may be a possibility
    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

Similar Threads

  1. Have a restaurant in California
    By Fundthis! in forum Deal Bin
    Replies: 3
    Last Post: 05-23-2019, 04:01 PM
  2. Replies: 6
    Last Post: 12-12-2016, 01:36 PM
  3. Replies: 10
    Last Post: 11-05-2015, 08:52 AM
  4. Replies: 6
    Last Post: 06-21-2015, 04:50 PM
  5. California Restaurant Funded $700,000 by Yellowstone Capital
    By CO1 in forum Merchant Cash Advance
    Replies: 16
    Last Post: 04-09-2013, 11:59 AM


Posting Permissions

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


INDUSTRY ANNOUNCEMENTS

LegalZoom partners w/ businessloans.com
iBusiness Funding acquires Funding Circle
Fintech Nexus is shutting down


DIRECTORY