Restaurant doing 35-50k monthly and 2nd business
Need a Funder or Vendor? START HERE

Results 1 to 10 of 10
  1. #1

    Restaurant doing 35-50k monthly and 2nd business

    Top line Rev is 50k-70k between both businesses. Located in Texas and only owns 1 property, his home. Tax lien on payment plan. Cash advance lenders so far are maxing offers at 15k. 2nd business has an advance already. Merchant is looking for 60k . Merchant is willing to post collateral.

  2. #2
    Senior Member Reputation points: 54989
    Join Date
    Dec 2013
    Posts
    4,713

    did you try cresthill ?
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    ——————————————————————————
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  3. #3
    Banned Reputation points: 17587
    Join Date
    Sep 2014
    Posts
    720

    Quote Originally Posted by Loan Advisement View Post
    Top line Rev is 50k-70k between both businesses. Located in Texas and only owns 1 property, his home. Tax lien on payment plan. Cash advance lenders so far are maxing offers at 15k. 2nd business has an advance already. Merchant is looking for 60k . Merchant is willing to post collateral.
    refer to signature

  4. #4
    Senior Member Reputation points: 3366 Accord Business Funding's Avatar
    Join Date
    Feb 2016
    Location
    Houston, Texas
    Posts
    152

    Sent PM
    Kevin Dinh

    3131 Eastside Street, Suite 350
    Houston, TX 77098
    P: 713-322-9743
    Email: kdinh@accordbf.com
    Web: https://go.accordbf.com/DF-Partners/

  5. #5
    When your underwriters reply on a file I sent over 24 hours ago , you'll see more... maybe

    Quote Originally Posted by mcaguru View Post
    did you try cresthill ?

  6. #6
    Senior Member Reputation points: 158630
    Join Date
    Jul 2015
    Posts
    1,202

    Quote Originally Posted by Loan Advisement View Post
    When your underwriters reply on a file I sent over 24 hours ago , you'll see more... maybe
    Say goodbye to that file.

  7. #7
    Senior Member Reputation points: 307559
    Join Date
    Jun 2015
    Posts
    3,322

    Quote Originally Posted by Loan Advisement View Post
    When your underwriters reply on a file I sent over 24 hours ago , you'll see more... maybe
    oh so your another one that didn't receive offers in hours ?

  8. #8
    Senior Member Reputation points: 54989
    Join Date
    Dec 2013
    Posts
    4,713

    Quote Originally Posted by Loan Advisement View Post
    When your underwriters reply on a file I sent over 24 hours ago , you'll see more... maybe
    Recently one of the largest players started submitting close to 100 files a day.. We now made the proper adjustments . Anytime your not getting an offer in few hours Email me with file name and will get you a reply ASAP.
    Last edited by mcaguru; 09-21-2016 at 06:21 PM.
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    ——————————————————————————
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  9. #9
    Senior Member Reputation points: 32658 Zach's Avatar
    Join Date
    Nov 2013
    Posts
    1,733

    Restaurant doing 35-50k monthly and 2nd business

    Unfortunately primary residences in Texas are protected by the Homestead Exemption act, and we cannot provide cash out against them.
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

  10. #10
    If he has property owned free and clear, he can try to do a cash-out refinance and get the money he needs. It'll take a couple of weeks but it is probably the cheapest way to do it.

    Let me know if I can help.

Similar Threads

  1. Payoff five lenders - Restaurant, $25K+ monthly
    By 305Shark in forum Deal Bin
    Replies: 7
    Last Post: 08-24-2021, 02:29 PM
  2. restaurant 2 months in business
    By getlikwid247 in forum Deal Bin
    Replies: 7
    Last Post: 07-20-2015, 02:33 PM
  3. Restaurant 4 months in business who can fund?
    By nymerchantsolutions in forum Everything else
    Replies: 5
    Last Post: 07-09-2015, 11:00 AM
  4. Stack Consolidation $130K? monthly gross over $200K restaurant
    By John Pedersen in forum Merchant Cash Advance
    Replies: 11
    Last Post: 04-16-2015, 03:03 PM
  5. Restaurant 3 months in business
    By skideeppow in forum Merchant Cash Advance
    Replies: 13
    Last Post: 12-05-2013, 03:17 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

LegalZoom partners w/ businessloans.com
iBusiness Funding acquires Funding Circle
Fintech Nexus is shutting down


DIRECTORY