Results 1 to 13 of 13
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11-21-2014, 05:52 PM #1
- Join Date
- Sep 2014
- Posts
- 20
IHOP Owner Looking for 150k-200k
I have and owner of an IHOP who is requesting 150k-200k. He has 15% ownership of his 1st location, however the second location is opening in late December in which he owns 60%.
Owner is looking for a monthly installments with a 3-5 terms loan
Owner Credit Score is 700+
Owner is not looking to leverage 1st location bc it's doing well. He plans to open 10 locations within the next year.
Please no Brokers just Lenders. Please IM me you can fund this Owner. Chris
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11-25-2014, 03:41 PM #2
- Join Date
- Nov 2014
- Posts
- 1
IHOP Owner Looking for 150k-200k
Hello,
I would be able to help you get that size advance. My name is Brandon Seger and my email is bseger@goaccredited.com. Email me if you are still interested.
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11-26-2014, 08:53 AM #3
IHOP Owner Looking for 150k-200k
Yellowstone can help
800-955-2411
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12-10-2014, 03:48 PM #4
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
There's no way this client can open a new shop an pay the financing back in the period available from a MCA. However there are several plans we have that could work. Too bad we are just lowly brokers or you might lat us see if we could help.
Bob Shaw
734-929-3800
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12-11-2014, 02:47 PM #5
- Join Date
- Jul 2014
- Location
- Jackson Hole Wy
- Posts
- 732
IF you dont have a lender already that can do this try a broker that has these. We fund with a source that does term loans.
First deal we split the next deals you are free to take directly to lender.
bzuniga@omegafund.com
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12-11-2014, 02:51 PM #6
- Join Date
- Sep 2014
- Posts
- 720
I don't know of any lenders (especially term lenders) who would look a start up?
If you somehow find a home for this deal, please let us all know.
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12-12-2014, 07:43 AM #7
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
First glance as a start up seems the 700+ FICO might be a solid place to start.. Have him run his creditchecktotal full report and make sure there is low unsecured debt utilization. If that's the case, there is substantial low interest capital that can be secured. We do that in house:
http://www.businesscapitalconsultant...dit-Lines.html
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12-18-2014, 10:11 AM #8
- Join Date
- Nov 2014
- Location
- Deer Park , NY
- Posts
- 17
Still need this ? If so, pm me
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12-18-2014, 08:57 PM #9
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12-28-2014, 12:27 AM #10
- Join Date
- Dec 2014
- Posts
- 2
if your clients meets the following i should be able to get him a term loan
Indicative General Credit Criteria*
Borrower FICO > 620
Business Revenue (most recent tax return year) > $150,000
Business Net Income (at least 1 of last 2 tax return years) > $0
Years in Business more then 2 yeras
Bankruptcies, Current Tax Liens, Judgments, Criminal Activity No prior history
No Sole Proprietorships
*The listed indicative credit criteria are solely included for guidance in referring clients. Please contact the BD Funding Referral Partner Team with any questions.
Required Documentation (for all applications)
3 Years Business Tax Returns
1 Year Personal Tax Returns
6 Months Business Bank Statements
Interim Financials (YTD P&L and Balance Sheet) - only for >$200k requests
Business Debt Worksheet** - only for >$200k requests
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12-30-2014, 02:10 PM #11
- Join Date
- Dec 2014
- Posts
- 93
I can find a home for them. 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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12-30-2014, 03:28 PM #12
let me take a look at it I might be able to do something for your merchant and offer him a decent line of credit here at world business lenders
Miguel Martinez
Financial Coordinator
World Business Lenders
81 Market Square Unit 7
Newington, CT 06111
Toll-Free: (888) 441-9500 ext 235
Efax: (646) 417-7150
Mobile: (860) 759-6365
Email: mmartinez@wbl.com
www.wbl.com
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01-23-2015, 01:37 PM #13
- Join Date
- Jan 2015
- Posts
- 29
I can definitely help you with this! Please contact me at funding@berkmanfunding.com
We do deals like this everyday. Would love to help.Last edited by SK215; 01-23-2015 at 02:15 PM.
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