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4 Replies Last post: Dec 6, 2008 10:42 PM by loan guy

Looking for funding on opening a Deli

Dec 2, 2008 2:57 PM

iovthutiger 3 posts since
Dec 2, 2008

Sorry for my previous post, I did not get to finish before I got cut off.

I am very interested in starting a franchise deli that does not offer financing. The initial investment is about 250k to 300k. I am looking for suggestions on where I should start looking for this financing. If anyone has experience running a Deli I would be interested in your feedback.

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NoBullFunding 278 posts since
Oct 6, 2008

1. Re: Looking for funding on opening a Deli Dec 3, 2008 12:53 AM

Depending on how much you have to put down, you should consider going the SBA route. What franchise is it? If its a highly regarded franchise, and SBA loan might be the best option since those types of loans tend require less collateral that traditional bank loans.

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Fortis 239 posts since
Jul 24, 2008

2. Re: Looking for funding on opening a Deli Dec 3, 2008 12:48 AM

Hello iovthutiger,

Welcome! Have you considered an SBA transaction to help with your funding needs? Email if you would like to discuss it in further detail.

Thanks

Collin
Fortis Capital
cobringer@gofortis.com

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LUCKIEST 7,933 posts since
Aug 6, 2007

3. Re: Looking for funding on opening a Deli Dec 3, 2008 8:08 AM

Looking for funding on opening a Deli

Welcome

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loan guy 114 posts since
Dec 20, 2007

4. Re: Looking for funding on opening a Deli Dec 7, 2008 12:08 AM

do you need equipment? Getting specific equipment for a startup is sometimes easier to get funding for.

loanguy@walkerlender.com

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ForumsFinancing Tips

This Question is Possibly Answered

Looking for funding on opening a Deli

Dec 2, 2008 2:57 PM

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