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    1 Reply Latest reply on Dec 17, 2008 11:57 AM by capitalbankca

    Professional Dry Cleaners ready to expand

    westcoast Newbie

      Interested in replacing existing 199k bank loan balance with a lender/private party that will partner with us for continued steady regional growth. Have opportunity to create another revenue channel in nearby market that is 5x bigger via a van route to a drop store location. Drop store is a convenient customer service sattelite location that operates at a fraction of the operating cost the main production plant does.
      Developer is impressed with our first class operation and has just offered the lease covering the ti's/some working capital to lease his exceptional location, and location is everything.
      Present bank is sitting on sidelines as they lost $ last qtr.
      Have great employees and new equipment ready for more capacity.
      We opened 9/07 and reached monthly b/e volume 9/08.
      We gain avg 100 new customer accounts per month in present small market.
      We can grow thru this economic downturn with our branded new location profit center rollout.

      Is there a true solution in this bofa forum?