Need a lender- Startup Equipment for Reataurant
Need a Funder or Vendor? START HERE

Results 1 to 6 of 6
  1. #1

    Startup Restaurant Needs Equipment. Can anyone get this done?

    I have a merchant who needs to finance equipment for a startup restaurant. Have not opened yet plan to in 30 days. Merchant has 678 credit score but with a BK 3 years ago. Merchant has another salon business which they do 800k in gross, have already done an MCA for that company. Merchant is looking to finance the equipment to have the longer term. Any lenders out there who could do this deal?
    Last edited by ks0807; 06-24-2015 at 11:53 PM.

  2. #2
    Senior Member Reputation points: 1422
    Join Date
    Dec 2013
    Location
    Connecticut
    Posts
    332

    Look for a leasing company with App Only leases, usually up to $50K.

  3. #3
    I would try Pawnee or Finpack

  4. #4
    Pawnee & finpac have startup programs but not for restaurants unfortunately...

  5. #5

    Need a lender- Startup Equipment for Reataurant

    email me wmurphy@everlastingcapital.com I can take care of you and we pay up to 10 pts on equipment deals.

  6. #6
    Senior Member Reputation points: 23702
    Join Date
    Jul 2014
    Posts
    1,746

    Quote Originally Posted by ks0807 View Post
    I have a merchant who needs to finance equipment for a startup restaurant. Have not opened yet plan to in 30 days. Merchant has 678 credit score but with a BK 3 years ago. Merchant has another salon business which they do 800k in gross, have already done an MCA for that company. Merchant is looking to finance the equipment to have the longer term. Any lenders out there who could do this deal?
    Only way that one may get done is with an additional PG and a cross corp guarantee. The BK will likely kill it though. I have a very non traditional source that may consider. PM me.

Similar Threads

  1. Startup business
    By Sycf in forum Business Loans
    Replies: 45
    Last Post: 03-10-2016, 01:58 AM
  2. Asset Lender Needed - Pinball Machines and Construction Equipment
    By John Pedersen in forum All Other Lending
    Replies: 2
    Last Post: 05-20-2015, 04:02 PM
  3. Funding Needed For Startup
    By Brandon Seger in forum Deal Bin
    Replies: 0
    Last Post: 02-02-2015, 12:55 PM
  4. Replies: 6
    Last Post: 01-29-2015, 05:48 PM
  5. startup loan In Canada
    By AMERICApital1 in forum Business Loans
    Replies: 1
    Last Post: 05-09-2014, 09:54 AM


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

LegalZoom partners w/ businessloans.com
iBusiness Funding acquires Funding Circle
Fintech Nexus is shutting down


DIRECTORY