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  1. #1

    Nightclub Owner Low TIB Strong revenue

    Merchant FICO 710 Monthly revenues $10k a month average TIB since July any high-risk funders/lenders willing to look into more details, reach out

    kburton@capitalcityfunding.biz
    614-948-7168

  2. #2
    Senior Member Reputation points: 66298 Olderguy's Avatar
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    Location
    Irvine, CA
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    2,087

    File from broker.

    basically a start up...

    Feb sales $12k
    March sales $12K
    April sales $4K
    Mostly additional revenue in business bank account are online transfers from savings account.
    Good Fico
    No debt

    Got him a couple of business credit cards at $69,000

    0% interest for a year

    The rates people get depend on what the lender gives them specifically, but they start with 0% rates for 6-12 months and then adjust to 9-19% APR or so after that.

    Need a 700+ Fico
    Steve Benjamin
    Professional Business Loans

    1012 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.

  3. #3
    Senior Member Reputation points: 22201
    Join Date
    Dec 2021
    Posts
    630

    KB do me a favor if you find someone to fund that Nano-Night-Club-Deal don't let them tell you they need to do a site inspection --Fight'em on that stip.
    Marcus Clapman
    Capybara Capital
    marcus@capybarausa.com
    www.capybarausa.com
    646-708-5986 (Text Friendly!)

  4. #4
    Senior Member Reputation points: 81655
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    Mar 2014
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    Florida
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    Quote Originally Posted by CapitalCityfunds View Post
    Merchant FICO 710 Monthly revenues $10k a month average TIB since July any high-risk funders/lenders willing to look into more details, reach out

    kburton@capitalcityfunding.biz
    614-948-7168
    How is the business staying open on $10K per month?
    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

  5. #5
    Senior Member Reputation points: 29456
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    Location
    miami
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    Quote Originally Posted by Yankeeman07 View Post
    How is the business staying open on $10K per month?
    you've obviously never been to the midwest, you can find a good location for a small bar for around 1k a month in rent and utilities. as long as you keep the bar stocked for under 5k a month which isn't hard because you'll mostly be selling beer, for a town of 500-1000 people you'd be making decent money.

  6. #6
    Senior Member Reputation points: 81655
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    Quote Originally Posted by Bcooper View Post
    you've obviously never been to the midwest, you can find a good location for a small bar for around 1k a month in rent and utilities. as long as you keep the bar stocked for under 5k a month which isn't hard because you'll mostly be selling beer, for a town of 500-1000 people you'd be making decent money.
    I've lived in the Midwest for many years - which is not relevant to the conversation - Add in insurance, labor, taxes, repairs, this business owner is NOT making $$$.
    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

  7. #7
    "strong revenue" = barely makes $10k per month
    We specialize in funding:
    Deals w prior Defaults
    "Over Leveraged" deals
    All Positions (as long as there is space)
    Low FICO scores
    and all other "difficult" deals

    To submit a file or to request an ISO Agreement, kindly email underwriting@supremefunding.net.
    I look forward to hearing from you.

    Rasheed Miller
    (917) 933-3095 (text or call)
    https://supremefunding.net/

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