Hi,

The merchant is 100% owner of a general auto repair shop located in New York which has been operating for 14 years.

The shop averages $45,000 in deposits per month.

Credit score is 740.

The merchant owns a commercial property appraised for $1,200,000 and owes $300,000 on the mortgage.

The merchant is seeking $400,000 which is 20% of a $2,000,000 commercial property he is looking to purchase to renovate and rent.

The business shows a loss for 2017.

Merchant is rate sensitive.

I’m trying to figure out the best way to structure the financing.

Your input is appreciated.

Thank you.

Michael Sla*****er
msla*****er@sla*****er.com