[Yankeeman07]

Appreciate any help, (Please PM me)

Customer is re-opening/starting-up a restaurant in DTLA and needs $50,000 in start-up financing for restaurant equipment.
- MBA in marketing and business management
- 10 years experience managing a restaurant
- The executive chef as 20+ years experience
- In a prime location downtown
- Credit is 720 with 22 trade-lines (oldest account 22 years) with the avg trade-line being 7.5 years
- Exceptional payment history on all accounts including 2 RE Loans, 1 Auto Loan, 1 Student Loan
- $165,000 in available credit currently at 24% utilitation
- PRE-REVENUE

Usually this would be a slam dunk but at the moment we do not have any lessors who are leasing to food / Bev at the moment;

We tried...

SBA is opening Rest . Fund this week

https://www.sba.gov/funding-programs...alization-fund


Plus, you have EIDL Funding available @ 3.75%