[MissouriBroker1]

I have a client needing $400,000 to finish completing a nightclub in downtown Orlando. He currently owns two other bars/nightclubs as well. Bank statements show $100,000+ monthly income. He has an SBA loan in place that will provide him with $500,000 working capital 90 days after the nightclub opens. However, he would like to have a 12 month term just as a safety net. This MUST be monthly payments and under 18% interest. 780 FICO score.

Tom Harrier
Integrity Commercial Loans, LLC
407-928-8542
[email protected]

[MJames]

There is no funder/lender out there with an LOC that will give that dollar amount and/or those rates. Idea can get up to 250k, and maybe get close to those rates. Ondeck you are looking at 50% APR. Plexe would be 20% plus.

If you find something for this please post I am curious if there are any places out there that would do this

[Bcooper]

I have a client needing $400,000 to finish completing a nightclub in downtown Orlando. He currently owns two other bars/nightclubs as well. Bank statements show $100,000+ monthly income. He has an SBA loan in place that will provide him with $500,000 working capital 90 days after the nightclub opens. However, he would like to have a 12 month term just as a safety net. This MUST be monthly payments and under 18% interest. 780 FICO score.

Tom Harrier
Integrity Commercial Loans, LLC
407-928-8542
[email protected]

if he has a personal home, we have a Heloc program 85% CLTV, up to third position on the property. It takes 5 days to fund, 7-13% Apr avg, max revolver term of 30 years, and funding amounts from 50k to 750k.

[Ehenek]

Tom, Why not do a Rehab Real Estate Financial instrument? He also wants runway, and I would look into a working capital solution to allow for such.

[headhunter]

Subject: Options for $400K LOC / Working Capital – Orlando Nightclub
Hi Tom,
Thanks for sharing your client’s scenario. With a 780 FICO, $100K+ monthly revenues, and an SBA loan already pending, he’s in a strong position. I have lender relationships that can provide a $400,000 line of credit or working capital facility with:
Monthly payments (not daily/weekly)


Rates under 18%


12-month term, structured as a safety net ahead of the SBA funding


I’d be glad to review his file and match him to the best fit. Let me know the next step to connect further.
Best,
Reginald Truss
Loan Father

[email protected]/419-517-3082

[JeffreyLNSFunding]

Hi Tom,

On behalf of LNS Group/LLC, we can take a look at this opportunity. Based on the details provided, your client’s strong cash flow, existing portfolio of bars/nightclubs, and excellent credit score make this an interesting case for funding. We can explore a solution that provides the $400,000 needed to complete the nightclub with a 12-month term, structured as monthly payments, and aiming to stay under 18% interest, serving as a safety net until the SBA funds are available.

We can review the full documentation and next steps.

You can learn more and on board as an ISO at our website: https://lnsgroupllc.com/

Feel free to reach out to me directly:
Jeffrey Jimenez
Client Relations Manager, LNS Group LLC
Email: [email protected]

[LJH365]

This thread is 5 months old!...BTW- you have a very cool looking website..love it :-)