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I'm in search of short term financing for an amount of$250K for an existing spa business. Lenders available?

I'm interested in short financing for an accomplished upscale beauty salon/spa in the DC area. The last 3yrs. financial summary is very strong. I'm looking to do a 5yr. loan with a balloon at the duration.

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Answers (3)
Dr. Vasquez Reynolds
Easy Lons
Los Angeles County, CA

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15 hours ago
Bill Morkes
C-Store Xchange
Shelby County, TN

take a look at equipment leasing brokers...
usually they finance new equipment, but if your financials are strong enough (and your time in business is sufficient), you may be able to get a working capital loan (either doing an equipment sale & lease back, or factoring / selling your receivables).
Try googling equipment leasing to get an idea of the different options, or if you have specific questions I may be able to point you in the right direction.
Good luck.

Jun 13, 2011
Michelle Goebel
Goebel Business Services
Making Business Ownership a Reality.
Pinal County, AZ

Hello, Are you purchasing this business? I work with several lenders that offer different programs with fast turnaround. I'm sure you would qualify for at least one of them. Please send further information to mg@goebelbusinessservices.com and I'll be happy to assist you.
Kind Regards,
M. Goebel, www.goebelbusinessservices.com
www.facebook.com/michelle.goebel1

Jun 13, 2011