Franchise Coffee-chain - Growth Financing
- Melissa McCallister
- Feb 10, 2020
- 1 min read
Industry: Restaurant
Credit: ~710
Monthly processing volume: $457,000
Advance amount: $875,000 ( first position)
Term: 12 months/1.28
Savings realized on
Banks processing: $167,000 per month
Real estate collateral 65% Ltv ✔️
Other details: Over the life of the financing (6 months), the savings realized on the merchant processing exceeded the cost of the capital to the merchant!! There cannot be a better win-win.
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