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09-15-2016, 05:57 PM #1
- Join Date
- Apr 2013
- Location
- Basalt CO
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- 869
New Restaurant doing $15k/month in Gross
Any suggestions. TIB is 3 months. CC are $1k in May (when they opened) $5 in Juny, July and Aug.
Banks are $15k in Gross Dep each month.
Ave ledger around 1500. Beg and ending balances are not super strong.
Starter program?
Thanks for any input.
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09-15-2016, 06:00 PM #2
Yup starter program $10k all day. A bit risky a restaurant only 3 months in.
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09-15-2016, 06:56 PM #3
- Join Date
- Dec 2013
- Posts
- 4,713
I will give you guys a Tip, (pro Bono ) A restaurant or any business for that matter is less risky year 1 then year 2. We at cresthill LOVE funding a company in the first year!
regarding starter deals, i am pretty sure we are the Probally the largest in funding files 2-10K Never COJ
with so few stips you will think there is for sure a catch!! (NO CATCHES )
(we fund up to 500,00K)Last edited by mcaguru; 09-15-2016 at 07:01 PM.
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
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Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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09-16-2016, 11:30 AM #4
- Join Date
- Apr 2013
- Location
- Basalt CO
- Posts
- 869
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09-16-2016, 11:33 AM #5
- Join Date
- Apr 2013
- Location
- Basalt CO
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09-16-2016, 04:32 PM #6
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- Mar 2016
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- 657
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09-15-2016, 06:03 PM #7
- Join Date
- Apr 2013
- Location
- Basalt CO
- Posts
- 869
yeah i know, but someone must be offering that? I remember when 1st Merchant Funding was doing deals for 2500, 1 month in business.
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09-15-2016, 06:06 PM #8
Not me
Last edited by TheShitzuofMCA; 09-21-2016 at 12:04 PM.
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09-16-2016, 03:31 PM #9
- Join Date
- Dec 2013
- Posts
- 4,713
yep.
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
覧覧覧覧覧覧覧覧覧覧覧覧覧
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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09-16-2016, 03:40 PM #10
- Join Date
- Jul 2014
- Posts
- 196
New Restaurant doing $15k/month in Gross
If their credit and bank statements check out ok we can offer 10k on a short term offer and if payment history after that goes well we can renew them on a longer term.
Mike@samsonfunding.com
347-492-1801
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