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12-10-2022, 11:54 PM #1Member
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Seeking Franchise Refinance
Merchant 710+ FICO Looking to Refinance their 3 Franchises in GA to acquire 2 more. Seeking to borrow $1M. Good cash flow, Businesses only minus the property. Anyone out there would like to take a look?
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12-11-2022, 12:42 AM #2Senior Member
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Have you looked into doing a business purchase through the SBA?
10% down and 10% working capital?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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12-12-2022, 07:55 AM #3Senior Member
Reputation points: 340530
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There are several banks in the South East that offer franchisee financing. ARF Financial is a non bank finance company that offers franchisee financing.
Originally Posted by CapitalCityfunds
Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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12-13-2022, 05:55 PM #4Member
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- Sep 2022
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- Lakewood, NJ
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ARF doesn't do franchise financing. They do non-bank LOC.
I have a couple of lenders that do franchise financing. What is the DSCR?
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