Seeking Private Lender
I’m seeking a private lender for a $200,000 business loan to refinance a portion of the seller-financed note used to acquire Iron Rails Training Facility.
Since taking over, I have doubled the business in approximately seven months through membership growth, improved operations, new revenue streams, and reinvestment into the facility. The gym is established, profitable, and continuing to grow.
Proposed terms:
• $200,000 principal
• 10% fixed interest
• 10-year fully amortized note
• No equity requested
I’m open to discussing collateral, a personal guarantee, and other protections for the lender. If you’re interested or can make an introduction, please send me a direct message.