Home: Message List - Small Business Loan for newly aquired boutique

Re: Small Business Loan for newly aquired boutique

JasonTees — Sat, 17 Oct 2009 09:48:53 GMT

Have you spoken with the previous owner to whom the $55k balloon payment is due? As the former owner, I'm sure they understand that you won't have $55K laying around, and that bank financing is kind of tight these days. Perhaps you can propose new terms to them...like a term of 5 years at 6.00%.

Re: Small Business Loan for newly aquired boutique

financepro — Fri, 09 Oct 2009 09:30:24 GMT

Did you know that your IRA/retirement funds can invest in your business? If you have the $55,000 in retirement money you would be surprised how easily you could obtain the money you need.

Let me know if this concept interests you and I can put you in touch with the Tax attorney who can structure it for you.

Hope this helps,

MACSM5@JUNO.COM

Re: Small Business Loan for newly aquired boutique

Metamorf — Mon, 21 Apr 2008 15:17:23 GMT

Hello,

My name is Patrick I am ceo of P.c incorported a I.s.o. we are curenttly retained by metamorf technologies.They look to invest in small businesses and your business fits the profile I would love to speak with you further about this matter please email me at calvin@metamorfs.com

Re: Small Business Loan for newly aquired boutique

brinat0318 — Mon, 21 Apr 2008 14:24:00 GMT

Jepboutique,

I may be able to assist you with your loan. My company acquires business lines of credit ranging from $25k - $1M provided that you have a FICO score of 700+. We are usually able to close within 1 - 3 weeks with proper documentation. If your credit is less than 700, we can also assist you in our credit restoration services as well.

Please reply to this post for further details of our services if you are interested.

Re: Small Business Loan for newly aquired boutique

LUCKIEST — Sun, 20 Apr 2008 14:01:47 GMT

Small Business Loan for newly acquired boutique, Welcome to this web site.
There is one post who says he has 100,000 to invest.
There is another Solly, who says all you need is a credit card terminal.
A have attached a copy of his post.
Good luck, LUCKIEST

My name is Solly and i am a financial consultant at a company called MaxAdvance
in New York city. We are currently helping several small businesses with our
cash advance program. What we do is offer unsecured loans to be used for
whatever you desire without collecting a collateral. We won't take compounding
intrest, just one set factored rate wich means you can take as long as you need
to pay it back without any penalties. CREDIT IS NOT AN ISSUE WITH US. All you
need is a credit card terminal. Please feel free to contact me at any time at
1-866-629-4464 Ext:238.

Take care and good luck,

Solly
Mizrahi
MaxAdvance
smizrahi@maxadvance.com

Small Business Loan for newly aquired boutique

jepboutique — Sat, 19 Apr 2008 22:51:18 GMT

I am in desperate need of a loan for a transfer of ownership of an existing clothing boutique in California. The business has been operating for five years now, however I have only been the president (we are a corporation) since the start of the year. This is where I am running into trouble. Most lenders want at least six months of ownership, generally nine.

I need 55k for a contracted balloon payment on my loan, which is carried by the previous owner. I was unable to get a line of credit from B of A and have yet to file with SBA. If anybody has any suggestions on a loan company that can help out or stear me in the right direction it would be greatly appreciated. THank you.