Need a strong 2nd
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  1. #1

    Need a strong 2nd

    Have a restaurant opening a 2nd location. They do about 900k at the 1st location and have a 1st position balance of approx 180k on an 144k deal. Have 2 offers, that I appreciate of 38 and 40, but client is pushing me for closer to 80k. Owns 3 properties she is willing to use as collateral personal- 273k value, 193k balance, rental property 43.5/0 balance and business property (2nd location) 225/121k. 2nd location opening 6/15.

    Thanks
    Tim @ 937-479-4046
    Mahorney.NBS@gmail.com

  2. #2
    Senior Member Reputation points: 4567 NickHubbard's Avatar
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    Try Wbl
    Nick Hubbard
    Senior Loan Advisor
    314-252-0299 - Office
    314-885-2262 - Direct
    nick@elitefactoring.com
    www.elitefactoring.com

  3. #3
    Thanks Nick

  4. #4
    Senior Member Reputation points: 4567 NickHubbard's Avatar
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    Quote Originally Posted by Mahorney View Post
    Thanks Nick
    No prob.
    Nick Hubbard
    Senior Loan Advisor
    314-252-0299 - Office
    314-885-2262 - Direct
    nick@elitefactoring.com
    www.elitefactoring.com

  5. #5
    Senior Member Reputation points: 2126
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    If he is doing 900k with an 180 first and his bank statements look good ( no nsf's neg), we can do


    sent you PM

  6. #6
    Senior Member Reputation points: 30475 Zach's Avatar
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    Need a strong 2nd

    Oops
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

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