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  1. #1
    Senior Member Reputation points: 1018
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    Oct 2012
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    Question

    We have a merchant that is purchasing an additional restaurant and is looking for funding. Is there someone that would use the existing bank statements as a basis for the advance amount, and obligate the buyer and not the seller. The application would be completed by the buyer, but an advance amount, as I said would be determined by the existing bank deposits numbers.

    Thanks for any help.

    Howie Dane
    Funding Sources for Business
    (847) 831-4118

    www.fundingsourcesforbusiness.com

  2. #2
    Senior Member Reputation points: 54989
    Join Date
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    We could probably fund this scenario ..we would need to see the entire trail and the new owner would need to keep same bank accounts.
    email bizdev@cresthillcapital.com

    when it comes to funding we try to make the "Impossible - Possible"
    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
    Senior Member Reputation points: 32658 Zach's Avatar
    Join Date
    Nov 2013
    Posts
    1,733

    WBL can fund this scenario if the borrower has sufficient real estate collateral. Do you know if they do Howie?
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

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