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03-05-2015, 05:45 PM #1
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- Jul 2014
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Restaurant - AZ, NSFs- Good Deposits
I have a Restaurant that has had some substantial offers and died due to NSFs. He is tired of getting low balled and would like substantial funding for St. Patties Day and he is wanting to expand to another location (eta summer/fall).
He has a first position that he owes $6,xxx. NSFs happened 2 days out of the month due to funds not clearing. I would like to get him a split over the next 10 Months at about $70-90k if possible. Credit 600ish - No collateral - In Business since 2008 - ongoing Grouponer, business is consistent.
Bank
Dec - $116k
Jan - $81k
Feb - $116k
CC
Dec $66,811
Jan $66,822
Feb $75kAmanda Kingsley
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