Results 1 to 6 of 6
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02-15-2017, 02:20 PM #1
- Join Date
- Mar 2015
- Posts
- 85
Bar/Restaurant Collateral Deal -
Merchant I work with a lot owns a bar/restaurant looking to leverage his building and equipment to refinance some other debt.
The issue is he recently put a brand new roof onto the place, new parking lot, but hasn't had an appraisal since he purchased it. He thinks it's worth 175 and with all his equipment he's saying 210-220k
He owes 115k - I know a lot of collateral deals have set amount they can reach for LTV - is there anybody that would look at it all in order to get that value higher?
Inbox me or Reply here, I appreciate the help.
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02-15-2017, 02:25 PM #2
- Join Date
- Dec 2013
- Posts
- 4,713
zach WBL!
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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02-15-2017, 02:27 PM #3
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 3,004
Dave Lambert, Business Development
Managed Services Provider
https://www.united-internet.com
https://www.nmi.com
dave@fcbankcard.com
Office: 727-233-1111
Skype: fc-financial
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02-15-2017, 02:39 PM #4
- Join Date
- Mar 2015
- Posts
- 85
I was thinking WBL myself, but I'm not sure if the equity will be there for them as I'm pretty sure they only really want the buildings, nothing else. I have a few reps that e-mail me all the time to send deals there.
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02-15-2017, 08:30 PM #5
hey i would like to talk to you abou this deal with collateral i can do 60-80% ltv 0% interest for the first year
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02-16-2017, 12:11 AM #6
Call theres alot i can do here 5512638638
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