Need a Funder or Vendor? START HERE

Results 1 to 7 of 7
  1. #1
    Senior Member Reputation points: 24
    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.

  2. #2
    Are you not signed up with any reverse companies ? Seems like a layup if you want me to submit it

  3. #3
    Member Reputation points: 453
    Join Date
    Oct 2022
    Location
    Long Island
    Posts
    53

    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!

  4. #4
    Senior Member Reputation points: 81655
    Join Date
    Mar 2014
    Location
    Florida
    Posts
    2,854

    Quote Originally Posted by k lion View Post
    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.
    Saddle the merchant with a reverse - tell them to close the doors - work with them to obtain a better funding option - Have him sell Gift Cards with a 25% Premium would be better funding option
    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: 1755
    Join Date
    Oct 2022
    Posts
    258

    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

  6. #6
    Banned Reputation points: 10
    Join Date
    Jun 2023
    Location
    Miami/Queens
    Posts
    25


  7. #7
    QFS Capital is a great choice for reverse consolidations!
    Warren Gordon
    QFS Capital
    warren@qfscapital.com

    Primary number

    (754) 778-7859 ext 216

Similar Threads

  1. Reverse funders - 845k reverse
    By Zonefund in forum Merchant Cash Advance
    Replies: 5
    Last Post: 02-28-2022, 04:51 PM
  2. Replies: 9
    Last Post: 02-15-2022, 12:54 PM
  3. Replies: 21
    Last Post: 10-28-2021, 10:45 AM
  4. Who Does International Restaurant Lending For Restaurant Chains
    By IamGrateful in forum All Other Lending
    Replies: 0
    Last Post: 12-28-2019, 11:13 AM
  5. Roc Funding Group- Reverse Consolidation & Asset Reverse Consolidation
    By stackcity_4208 in forum Merchant Cash Advance
    Replies: 32
    Last Post: 10-22-2019, 04:22 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

BoA launches business loan marketplace
Quickbooks adds new LOC product
Dext Capital upsizes corp note


DIRECTORY