“Ramit and Rohit – they are the Magic Men,” says Ray Vasquez, owner of the first-ever Johnny Rockets Sports Lounge on the upper east side of Manhattan, about Biz2Credit co-founders Ramit and Rohit Arora, who helped him obtain financing to bring the concept to life.
Vasquez felt that Johnny Rocket had a strong brand but had a void in its market for the 21-40 year old who might want to watch a sporting event on TV, have a few drinks, and order a decent hamburger. Thus began the concept of Sports Lounge.
Unfortunately, when the entrepreneur looked for capital at the height of the credit crunch in 2008, it was difficult to find – even from large banks his family had relationships with, including Citibank and Chase. Vasquez expressed his frustrations to his attorney, who recommended him to Biz2Credit.
Biz2Credit helped Ray Vasquez to obtain all the funding he needed in four months’ time. “A remarkable pace,” Vasquez adds.
Biz2Credit helped Ray Vasquez to obtain all the funding he needed in four months time. "A remarkable pace," Vasquez adds.Vasquez was able to raise nearly $1 million in funding at a rate of 6% within 8 weeks
"Biz2Credit was the biggest, biggest part of my success here. Biz2Credit came in like a lifesaver," she said
"I'd give Biz2Credit a 15 out of 10. Joe, my funding specialist, does a great job. He's always on point and really understands my business. Every time I've worked with him he's come through for me in a big way
"The turnaround time for funding was quick with Biz2Credit," Raza told us. "As soon as they got our information we had a decision - there was no waiting period like I experienced with other lenders."
Raza and David Bolos