This loan was approved for the start-up of an independent restaurant with some working capital. Now they are OPEN for business in the suburbs of Chicago.
- SBA 7a loan program
- 70% loan to cost
- $288,000 loan amount
- 10 year term
- 10 year amortization
- Variable rate
- 6% Interest rate
- No call / No balloon
- No prepayment
- Will close inside 30 days
At Aggressive Lending Company, we utilize our national network of direct lenders to provide financing solutions that meet our clients’ specific needs. We work with many local and national direct lenders across the country who are familiar with ALC and understand the needs of our clients.
Our company has been built on a pillar of integrity and loyalty. We welcome your Commercial Mortgage / Business Acquisition or Equipment Leasing requests. We look forward to hearing from you.
Want to Learn More About Start Up Restaurant Loans?
Click the button below to find out how Ivanhoe Capital Advisors can get your start-up restaurant loan approved.