Results 1 to 7 of 7
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06-06-2023, 05:29 PM #1
- Join Date
- Jan 2019
- Posts
- 117
restaurant needs a reverse
Merchant is a restaurant. Needs a reverse. Tennessee. Revenues are March $262,000. $20,000 month ending balance. April $201,000 $13,000 month ending balance. May $243,000 $13,000 month ending balance. Has an $82,000 balance, $25,000 balance, and $39,000 balance. Easy.
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06-06-2023, 05:30 PM #2
- Join Date
- Nov 2021
- Posts
- 60
Are you not signed up with any reverse companies ? Seems like a layup if you want me to submit it
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06-07-2023, 09:26 AM #3
- Join Date
- Oct 2022
- Location
- Long Island
- Posts
- 54
sounds like an easy one, we do have a decent reverse program. See info in my Sig Block
Ben K
Fratello Capital
Direct Funder
Underwriting@fratellocapital.com
www.fratellocapital.com
212-464-8108
NO ORIGINATION FEES!
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06-07-2023, 10:04 AM #4
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,959
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
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06-09-2023, 02:09 AM #5
- Join Date
- Oct 2022
- Posts
- 288
Why would you do the reverse and not look into an SBA7(a) for debt refinancing? Did they not cashflow? Do they have any other assets that you can extract equity from to service this debt and generate liquidity?
Elon Henek
HCI - Glen Cove, NY
Main: 1-516-676-1854
Cell: 1-516-236-4086
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06-21-2023, 02:17 PM #6
- Join Date
- Jun 2023
- Location
- Miami/Queens
- Posts
- 25
Send it over, nick@pinnacleadvances.com
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06-28-2023, 09:09 AM #7
- Join Date
- May 2023
- Posts
- 19
QFS Capital is a great choice for reverse consolidations!
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