Archive for the ‘Uncategorized’ Category

Mexican Restaurant SBA 7(a) financing

mexican-restaurant-sba-loan

Mexican Restaurant SBA 7(a) financing $1,875,000. Of the two partners, one only had a good credit. 4 Banks did not approve conventional Commercial financing, but CCF was able to get them a loan.

Loan Scenario

  • Two successful restauranteurs owned three restaurants and wanted to open a fourth.
  • Traditional lenders are typically hesitant to finance start-up restaurants and they had difficulty finding conventional financing, their own bank a nationally recognized lender did not approve their request, we were able to accommodate their need.

Our Solution

  • CCF local partner, who carefully screened and structured the transaction, provided CCF with a sound loan backed by experienced restauranteurs of proven success in the San Francisco Bay Area.
  • CCF provided a $790,000 SBA 7(a) loan for inventory, leasehold improvements, equipment and permanent working capital.

Positive Conclusion

  • Located in a low-income community. We Specialize in minority Owned businesses and deprived neighbor\hoods where granting this loan will have a impact on the neighborhood in a positive way.
  • 36 new jobs with health insurance and employee training provided. CCF offers SBA 7(a) loans ranging from $50,000 – $4,000,000 for owner-occupied real estate and leasehold improvements, business equipment, permanent working capital, and refinancing existing debt.

CCF offers SBA 7(a) loans ranging from $50,000 – $4,000,000 for owner-occupied real estate and leasehold improvements, business equipment, permanent working capital, and refinancing existing debt.

$1.25 Million Catering Business SBA financing

catering-business-sba-loan

Catering Company $1.250,000 million SBA 7(a) financing

Loan Scenario

  • A Californian couple owns and operates a gourmet lunch business for private parties for Hollywood celebrities and wanted to grow their concept to cater to more events and occasions.
  • As word spread of the quality of the company’s offering, demand for their services increased, requiring an injection of working capital to fulfill the new contracts.
  • Owners are currently looking in to acquiring new locations in Northern California San Jose area.

Our Solution

  • The LOCAL Real Estate Broker referred us the Business.
  • Careful analysis revealed experienced restauranteurs of proven success in the San Francisco, Sacramento and Los Angeles Area.
  • Chase Capital Funding provided a $1.5 million SBA 7(a) loan for additional working capital as well as to refinance high cost, short-term debt.

Positive Impact

  • The company, a woman-owned business, has been able to continue its growth of providing healthy meals to more healthy and organic conscious clients.
  • The business retained 87 jobs, 77 of which are held by minority workers. The business expects to create 30 positions with the new contracts.
  • All of these jobs are at a living wage and include health insurance.

 

Chase Capital Funding offers SBA 7(a) loans ranging from $50,000 – $4,000,000 for owner occupied real estate and leasehold improvements, business equipment, permanent working capital, and refinancing existing debt.

SBA loan for a Gas Station in High Desert Area, Minority Owned and operated

gas-station-sba-loan

Loan Scenario

  • An experienced minority business owner wanted to purchase a gas station/grocery store.
  • The purchase consisted of both real estate and business, with a large portion of the purchase consisting of Upgrades

Our Solution

  • A local referral partner referred the deal to CRF who found a business with a strong management team and strong historical cash flow.
  • CCF provided a $2.9 million SBA 7(a) loan to purchase the business, inventory and real estate.

Positive Impact

  • The business retained eight jobs – four held by minority workers – and created one new job in a low-income community.
  • The business is now owned by a minority business team.
  • The business is a combination gas station/grocery store (much larger than a convenience store), servicing the low-income community.

Chase Capital Funding offers SBA 7(a) loans ranging from $50,000 – $4,000,000 for owner occupied real estate and leasehold improvements, business equipment, permanent working capital, and refinancing existing debt.

How we helped the expansion of a Daycare Center

How we helped the expansion of a Daycare Center

Situation:

  • An operator of a successful daycare center in the Deep South wanted to open another location and needed a small business loan to purchase a building, renovate it, and buy the necessary furnishings and equipment.
  • Due to the industry type and the dependence on subsidized programs for revenue, she was unable to secure traditional financing.

Solution:

  • A local referral partner sent the deal to CRF, knowing our commitment to small business loans that create high community impact.
  • After careful analysis, CRF found a history of positive margins for the current daycare center, extensive owner experience in the childcare industry, and projections that demonstrated adequate cash flow and debt service coverage.
  • CRF was able to provide an SBA 7(a) loan for slightly less than $800,000.

Impact:

  • A minority- and woman-owned business is opening in a low-income community.
  • The daycare center is projected to provide 22 jobs.

CCF offers SBA 7(a) loans ranging from $50,000 – $4,000,000 for owner-occupied real estate and leasehold improvements, business equipment, permanent working capital, and refinancing existing debt.

We got $1 million SBA 7(a) for an Online Retailer

We got $1 million SBA 7(a) for an Online Retailer

Situation:

  • A growing 11-year-old online retailer of return, overstock and damaged merchandise items from large retailers needed financing for the purchase and renovation of a larger building as well as working capital.
  • Because the owner was expanding from a 10,000 square feet building to a 70,000 square feet building, the bank wasn’t comfortable providing the loan.

Solution:

  • A local referral partner sent the deal to CCF.
  • CCF analysis revealed a business with a successful history, an industry with a projected growth rate of more than 13%, and a strong equity injection from the borrower.
  • CCF was able to provide a $1 million SBA 7(a) loan.

Impact:

  • An immigrant-owned business expanded in a low-income community.
  • Seventeen jobs were retained with projections to create ten more over the next two years.

Chase Capital Funding offers SBA 7(a) loans ranging from $50,000 – $4,000,000 for owner occupied real estate and leasehold improvements, business equipment, permanent working capital, and refinancing existing debt.