does anyone do line of credits for restaurants
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  1. #1

    does anyone do line of credits for restaurants

    i have client who owns a restaurant and has 720 fico, and does 314 k annually. can anyone help me obtain a line of credit for him?

  2. #2
    ARF has a LOC product

  3. #3
    Member Reputation points: 76
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    Yes, we offer a Line of Credit - my contact info is below.
    Lauren Lott
    ISO Business Development
    ARF Financial, LLC
    281-538-8311 ext. 2110

  4. #4

    Yes - 24 hr turn time guaranteed rate of 3.99

    I can do this. I don't care about fico, no business background or income verifications. Just need an Asset which can be ANYTHING. Contract is month-to-month no prepayment penalties. Rate is always under 4% and I have a nice compensation program

    email me and I will send you some information to get started.

    sranghelli@pledgecap.com
    516-570-9229 ext 211

  5. #5
    Senior Member Reputation points: 32658 Zach's Avatar
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    Under 4% per month?
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

  6. #6
    Veteran Reputation points: 135672 Chambo's Avatar
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    Quote Originally Posted by Zach View Post
    Under 4% per month?
    yeah, traditional factoring is 2-4% a month

  7. #7
    Senior Member Reputation points: 32658 Zach's Avatar
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    Quote Originally Posted by Chambo View Post
    yeah, traditional factoring is 2-4% a month
    It seems like he is doing asset-backed loans, rather than factoring. "Asset can be ANYTHING"
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

  8. #8
    Senior Member Reputation points: 113 MatthewAStucchio's Avatar
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    WBL can take a look at this if the client has real estate with equity to use as collateral. Our BLOC program is a 2 year term, interest only daily payments with a month to month option to either pay down, keep the same or draw from the balance. Please PM or Email for more details. Thanks

    World Business Lenders
    Matthew A. Stucchio
    Associate
    Mstucchio@WBL.com

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