Posted by Mike S. on January 17, 2006 at 12:49:54:
Need a PRE-APPROVAL Letter to get the Financials.
Nyc bar/nightclub
purchase just business not the building
price 375k
Borrower has 580 fico
10-15% down
Business grosses 88k a month
{Just open 2 days a week}
Current business is 1 year into a 5 year lease with two 5 year options
What would be needed to get this done?
More money down?
A stronger credit partner?
Etc.?
Please email asap, thank you.