Results 1 to 12 of 12
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11-12-2014, 06:35 PM #1
- Join Date
- Nov 2014
- Location
- Keene, New Hampshire, United States
- Posts
- 1
Need financing of 200k to buy a successful restaurant...
i have lots of experience running restaurants. i own one now with a few partners that we have had for under a year and it is breaking even. i have a great opurtunity to get a successful restaurant. We are starting negotiations shortly and there is a chance that she will hold some paper. I have no debt, great credit but no real assets. What can i expect to get for a loan?
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11-12-2014, 07:14 PM #2
- Join Date
- Apr 2013
- Posts
- 245
Need financing of 200k to buy a successful restaurant...
I need to learn a little more but I can get you a line of credit and maybe additional cash from a different source if you have a credit of 600+. Inbox me for more info.
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11-14-2014, 11:05 AM #3
- Join Date
- Nov 2014
- Posts
- 3
Ash,
Please call me at Fora Financial and I will tell you what we can provide you with.
Ryan Hurley
Capital Specialist - Fora Financial
(212) 947-0100 ext 477
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11-14-2014, 11:41 AM #4
- Join Date
- Oct 2014
- Posts
- 23
Need financing of 200k to buy a successful restaurant...
Call Brendan and Batter UP Capital 8604784378
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11-17-2014, 01:59 PM #5
If the financials and credit qualify this should be a fairly simple process. Please give me a call or email using the information below.
*This will not be a cash-advance styled loan*Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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11-20-2014, 10:28 PM #6
- Join Date
- Nov 2014
- Location
- Las Vegas Nevada
- Posts
- 2
What can you bring to the table? No one is going to put up $200K without something from you.
Jaymes Mckenzie
Funding Director
CASH CAPITAL INC.
Tel 888 400 6544 X3
Fax: 888 452 1958
www.Cashcapitalinc.com
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11-27-2014, 09:43 AM #7
I can tell you for someone that specializes in restaurants for the past 20 years, borrowing to purchase is a bad idea - if you were operating and needed additional capital that's different.
Nationwide the failure rate on restaurants is 90% so lets assume you manage to get an investor / Loan from someone in this forum, what assurances do they have getting a return on their money.. and if you don't have money to purchase then you don't have money to operate, and just because it is " Successful " now doesn't give any guarantee that it remains successful under new ownership therefore someone would loose all their money .... this would be a bad investment.....
Next time come with a plan BC a restaurant " Breaking Even " doesn't give me any reassurances that your an experienced operator.
A prospectus with a cash flow statement would give someone a clear understanding of your current financial position, and you might have a better chance - so at this point there isn't a business therefore your asking for someone to invest in You and not a business ..
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11-27-2014, 10:43 AM #8
- Join Date
- Mar 2014
- Posts
- 147
Need financing of 200k to buy a successful restaurant...
Happy thanksgiving to everyone and especially all our ISO'S that have given Lendini so much support with all the submissions over the past few months. We are thankful to play a role in our larger brokers network of lenders and super excited and committed to helping our smaller shops grow and be successful. This business can be very challenging for the newer shops with expensive lead cost, marketing, lack of product knowledge and ability and knowledge on how to close the deal. Lendini is committed to not only approving and funding all your deals but we will go the extra mile to help teach each and everyone of your less experienced reps about the business. Learning all about your deal before you submit it is key, understanding bank statements, risky industries, skills and techniques on how to close your merchants and more. Our in house support team is dedicated and will help every step of the way deal by deal.
For the brokers that do not know Lendini, Lendini is a direct lender offering same day approvals (2-3 hours) soon to be 1 hour, super smooth funding process on the back end with minimal Stips. We are funding the same day stips are in. Basic Stips include, DL, VC, LL and bank verification and we fund ! No laundry list of stips to complicate the process. All approvals are sent with 10 points built in, we pay full commission on renewals and best of all, we pay your commissions the SAME DAY of funding with in 24 hours !!! We specialize in 1st and 2nd position deals and our 2nd position buy rates are as low as a 1.20-1.30 ( one of the lowest in the industry on 2nds ) !!! This is approx 15 points less than mostly all 2nds shops that approve 2nds at 1.45 and above. Please give Lendini a chance to earn your business and I am super confident we will exceed your expectations, Fast to fund technology, hard working around the clock and most important our focus on customer service will ensure you the best experience ! Please send submissions to submissions@Lendini.com And Drop me an email and I will immediately send out our ISO boarding package and agreements ! Eddie.deangelis@lendini.com. I wish everyone a happy and healthy thanksgiving !
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11-27-2014, 04:07 PM #9
- Join Date
- Apr 2014
- Posts
- 781
Lendini has been very very good for me. They got 5 deals funded for me in last 2 weeks. Three things they offer that are huge to me, same day approvals and same day funding, they use doc u sign for the merchant to sign contracts and i get paid the same day it funds. I hate delays and the so called we pay every Wednesday, they paid me same day it funded my customer. Highly recommended!!
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12-03-2014, 12:19 AM #10
- Join Date
- Jul 2014
- Posts
- 82
Need financing of 200k to buy a successful restaurant...
If you have a 740 Fico I can get you 200k no collateral. Dti must be below 30%
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12-30-2014, 03:45 PM #11
- Join Date
- Dec 2014
- Posts
- 93
If you are still in need of funding please contact me!
Erin Dreselly
World Business Lenders
81 Market Sq., Suite 7
Newington, CT 06111
Direct: 860-549-2419
Cell: 860-692-4636
Fax: 860-499-5413
Email: edreselly@wbl.com
Web: www.wbl.com
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02-21-2015, 07:33 AM #12
- Join Date
- Feb 2015
- Posts
- 3
I can help. I open restaurants. If its a good concept ill do it
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