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04-29-2014, 09:23 PM #1
I've done two 24 month deals through CAN Capital.
Both of the deals had a buy rate of 1.28 and were for established restaurant franchises with excellent credit and banks.
Besides those two, I've never even seen a 24-month deal before.
On a side note, we just closed a million dollar deal here through BFS.
Funny how the industry is changing... Million dollar advances, 24 month terms... What's next?
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