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04-26-2016, 12:11 PM #1Member
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- Mar 2015
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- 26
Franchise Food Truck looking for a 2nd position
Merchant has three balances:$85k, $40k and $20k
Does $250,000/month. Average daily ledger balance is $45,000. Pays $1,000/day between 2 lenders. Really wants to pay them off and net as much as possible.
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04-26-2016, 03:39 PM #2Member
Reputation points: 155
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- Sep 2015
- Posts
- 16
I would put them in touch with Dan Page at 303.938.8280.
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04-26-2016, 03:58 PM #3Senior Member
Reputation points: 32658
- Join Date
- Nov 2013
- Posts
- 1,733
WBL can lend up to 2X the monthly deposits. Depending on credit, it could be an extremely affordable 3rd position or takeover loan.
Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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04-27-2016, 01:51 PM #4Senior Member
Reputation points: 64
- Join Date
- Jul 2014
- Posts
- 196
Franchise Food Truck looking for a 2nd position
We can look to consolidate the 2 smaller ones and net the merchant additional capital. Maybe even all 3 because as each day passes the balances are getting lower. If you have not found a home for this file please contact our offices.
mike@samsonpartnersllc.com
347-492-1801
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