Results 1 to 7 of 7
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10-15-2021, 01:54 PM #1
- Join Date
- Sep 2021
- Posts
- 26
Consolidation for Restaurant - Two positions
Hi,
I have a merchant looking for a consolidation for his two positions. Total balances are $31,846.16 and breakdown as follows:
Position 1: $22,984.76 / $249pd
Position 2: $8,861.4 / $354pd
Business is a restaurant and merchant averages about 50k per month and 2-4k in daily balances. Never goes negative.
If anyone is a direct lender that can do a true consolidation please pm or email me christian@gnr-capital.com
Thanks.
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10-16-2021, 08:29 PM #2
- Join Date
- Aug 2020
- Location
- New York, NY
- Posts
- 123
Merchant is at around 25% leverage at the moment, doubt anyone would buy out both positions as there wouldn’t be much net to the merchant.
Try either a 3rd position, a partial consolidation (just one of the two positions) or a reverse consolidation.Underwriting Desk | ClearFund Solutions | New York, NY.
P: 855-543-2133 E: deals@clearfund.co W: www.clearfund.co
_____________________________
ClearFund is a Direct Funder
ISO inquires: partners@clearfund.co
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10-16-2021, 08:34 PM #3
Does he have any property for hard money to take out the two positions...
Steve Benjamin
Professional Business Loans
522 Contessa
Irvine, CA 92620
steveprobiz@gmail.com
https://probizloans.net/
Broker, Underwriter, general business loan expert
949.228.1050
@ 24 hour funding working capital loans
@ Term loans from 3 years to 10 years at 9.5% and up
@ Equipment financing up to 7 years
@ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
@ SBA loans - 7A and 504.
@ Private money equity and debt for major investments
@ Personal Loans up to gross income from personal tax return.
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10-21-2021, 01:17 PM #4
- Join Date
- Aug 2021
- Posts
- 69
How does the owners credit look? If they have a 680 credit score, I can get the client prequalified simple and easy. Give me a call and we can discuss the potential opportunity.
Brandon Dressler
brandon@preferredfundinggroup.com
815-878-0244
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10-21-2021, 01:35 PM #5
- Join Date
- Aug 2021
- Posts
- 21
We can potentially offer a Reverse Consolidation here.
Feel free to send it or way, deals@reversefund.co
Thanks.
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11-04-2021, 06:12 PM #6
- Join Date
- Nov 2021
- Posts
- 23
We could do this. Send it over so we can take a look at it!
Ashleigh
916-468-9798
ashleigh@velocitycg.com
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12-10-2021, 04:16 PM #7
We can help with this deal.
Lashelle Cobham | Team Lead
Tampa FL, 33624
Cell: 813.599.7048
E-mail: lashelle@maximumcapitalgroup.com
Visit us: www.maximumcapitalgroup.com
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