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02-08-2016, 11:57 AM #1
Gym - Looking to expand (Good credit, banks, cc)
3 year old gym just moved to new location and paid for buildout out of pocket. New location is driving more business than can currently be handles by the staff. Owner is looking to bring on more staff to accommodate the new business.
Seeking $50k (can probably get away with $35k)
Already been approved for MCA of 10 mos, but isn't interested in the term ... Looking for 18 or better.
Good credit
Good banks (1 NSF in last 2 years, was documented bank error)
CC Volume ranges based on season from $30k early in year and during summer to $15k during holidays
Open to working with someone on this deal in order to get it done. Not greedy, just want to be fair for the time involved for everybody.
I know its a baby deal, but its a fellow I've enjoyed doing community service supporting single mothers with. Good guy and want to be able to help him find a capital solution that fits.
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