[Quickfunder]

Multi-location restaurant looking to consolidate 3 positions, A paper. Having trouble finding lender who will consolidate more than two at the terms applicant requires.

3 positions taking about 33% of revenue doing over $120K a month at each of the two locations. Total balances hovering around $80K.

[Yankeeman07]

Multi-location restaurant looking to consolidate 3 positions, A paper. Having trouble finding lender who will consolidate more than two at the terms applicant requires.

3 positions taking about 33% of revenue doing over $120K a month at each of the two locations. Total balances hovering around $80K.

When does the applicant dictate terms?

IF the merchant has good financials, look at a SBA Express Loan.

[Olderguy]

33% of revenue?
He's overleveraged.

Please stop trying to put loans on top of loans....

He needs a financial review of his company's finances....reach out I have a team for that.

Look at Personal Loan
Heloc on primary residence.
Cash out on equipment?
Is the restaurant equpment owned outright?
Any property with equity or are the locations leased?

[Bcooper]

Multi-location restaurant looking to consolidate 3 positions, A paper. Having trouble finding lender who will consolidate more than two at the terms applicant requires.

3 positions taking about 33% of revenue doing over $120K a month at each of the two locations. Total balances hovering around $80K.

debt restructuring or sba and or both would be perfect here, with immediate and long-term reductions in payment and additional working cap coming in at a much lower cost than an mca.

[Quickfunder]

debt restructuring or sba and or both would be perfect here, with immediate and long-term reductions in payment and additional working cap coming in at a much lower cost than an mca.

Unfortunately he did not get approved for SBA.

[Quickfunder]

When does the applicant dictate terms?

IF the merchant has good financials, look at a SBA Express Loan.

Dictate terms isn't the right way to put it. It's what he needs to get on the right track and unable to take anything else. This isn't a case of trying to sell him on positions just to sub the old ones out.

[JM-GFE]

Multi-location restaurant looking to consolidate 3 positions, A paper. Having trouble finding lender who will consolidate more than two at the terms applicant requires.

3 positions taking about 33% of revenue doing over $120K a month at each of the two locations. Total balances hovering around $80K.

GFE can fund this type of deal. We specialize in consolidations and give high savings. Shoot me an email and I'll give you a breakdown.

josh@globalfundingexperts.com

[Bcooper]

Unfortunately he did not get approved for SBA.

I have a bank with much different rules than standard, I do not have a credit or collateral requirement which is 80% of declines feel free to reach our we may be able to turn that decline into an approval.

[Capitalize Group.]

Multi-location restaurant looking to consolidate 3 positions, A paper. Having trouble finding lender who will consolidate more than two at the terms applicant requires.

3 positions taking about 33% of revenue doing over $120K a month at each of the two locations. Total balances hovering around $80K.

We MIGHT be able to do this deal on the requested terms. Please submit to subs@capitalizegroup.com