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04-27-2021, 05:39 PM #1
- Join Date
- Apr 2015
- Location
- Louisiana
- Posts
- 299
RRF is for existing businesses in business prior to COVID, so is the EIDL program, not for start-ups
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04-27-2021, 10:57 PM #2
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,924
This was the post:
"Customer is re-opening/starting-up a restaurant in DTLA and needs $50,000 in start-up financing for restaurant equipment."
Unsure if is this the original owner, a new owner of an existing restaurant - Is this owner a self-employed individual ( than EIDL may be a fit)
I'm sure that the broker has much more info than what was posted.
Maybe he goes with a personal line of credit since he has a 720 FICO and appears to have a good credit history.
Not enough info to make a determination -- BUT - IT MAY BE A POSSIBILITY!
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