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02-06-2014, 05:49 PM #1
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- Join Date
- Apr 2013
- Location
- Basalt CO
- Posts
- 867
New Owner Restaurant looking for funding prior to owning
So,
Have a merchant who is looking to purchase a long established restaurant and he needs 60k at closing (obviously there are time of ownership issues here since he will not take ownership till closing).
Any one doing deals where we can underwrite them based on current processing and bank statements, and then fund them at closing? Underwriting would be based on the new owner.
I hope that made sense.
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