Post a new topic
    9 Replies Latest reply on Jan 16, 2009 8:02 PM by tomgaz

    Concession stand

    luv4freedom Wayfarer

      I want to purchase a catering trailer to sell food in fairs and carnivals. The trailer price is $65,000. I have tried several financial institutions but I've had several problems: I'm new to the business and most require at least 2-3 years experience, I need 100% financing or leasing because I want to use my saved money for supplies, I have no collateral and my credit score is 660. And because the concession stand is considered a restaurant by banks, it's considered a high risk business! I have a lot of faith in this business and know I can make lot's of money but can't seem to get it started! Does anyone know of any financial institution that specializes lending money to restaurant businesses specially start-ups?