Who Does Business Loans? - Posted by Mike S.

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?

Please email asap, thank you.