[Bigdaddi44]

First of all let me state that I am not a current room owner. I am however in the process of becoming one. My question up for discussion is...How did you as an owner fund your room? Do you have any recommendations for financing?

Any help would be appreciated.

[a1712]

Call Diamond about their table lease programs. Brian.

[junior]

There are many options for financing. Banks are typically the most difficult but we offer many types of alternative financing for real estate, equipment, etc. DM for more info

[garczar]

Originally Posted by junior

There are many options for financing. Banks are typically the most difficult but we offer many types of alternative financing for real estate, equipment, etc. DM for more info

This thread IS almost 2yrs old, right?

[junior]

Yes, garczar, obviously. Still relevant if someone is searching though, but thanks for the clarification.

[trentfromtoledo]

I sell Diamond tables, whats up with the financing options?? I have people call and ask for it sometimes. You guys finance end users?

TFT

Originally Posted by junior

Yes, garczar, obviously. Still relevant if someone is searching though, but thanks for the clarification.

[junior]

Hey Trent,
There are two options, depending on who is asking you - We do commercial loans to businesses, such as room owner wants a loan to purchase tables - or we can set up B2C financing, business to consumer. So a retail seller of tables, cues, cue repair equipment, you name it, can offer a financing program to the consumers. Like when you buy furniture, or home improvement like a roof or flooring, and they provider financing for the buyer. PM if you'd like and I can give you my contact info to discuss what you are looking for.

[trentfromtoledo]

We both maybe now that I think of it. I am starting to sell pool rooms more often these days. I also get people who ask for financing for personal tables, I usually tell them to go the 0% interest credit card for as many months possible and to pay it off in the promotional period to avoid interest. Seems many of them do not have the credit needed to get those, so maybe a secondary lender might be an option.
Thanks

TFT

Originally Posted by junior

Hey Trent,
There are two options, depending on who is asking you - We do commercial loans to businesses, such as room owner wants a loan to purchase tables - or we can set up B2C financing, business to consumer. So a retail seller of tables, cues, cue repair equipment, you name it, can offer a financing program to the consumers. Like when you buy furniture, or home improvement like a roof or flooring, and they provider financing for the buyer. PM if you'd like and I can give you my contact info to discuss what you are looking for.

[junior]

Yes, there are different ways to do it. Pool room acquisition funding is something we can definitely do. For personal tables, that is a good route for the credit card option for those that can qualify, another option is to provide your own credit line. We would offer a program for you, you have link on website, vehicle, store front, whatever..... Customer clicks to apply, when they get approved, you get paid then they pay the finance provider. I'll send you an email with email info.

[Fiona4]

Originally Posted by Bigdaddi44

First of all let me state that I am not a current room owner. I am however in the process of becoming one. My question up for discussion is...How did you as an owner fund your room? Do you have any recommendations for financing?

Any help would be appreciated.

Financing options are abundant. While banks can often present challenges, we provide a variety of alternative financing solutions for real estate, equipment, and more.