David Cole
Gilbert, AZ (USA)
Role(s):
MFS Capital LLC
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Startup
Location:
Gilbert
Industry:
Sports/Recreation
Year Founded:
2007
Number Employees:
INVALID
Description:
MFS Capital LLC, a leasing company is offering investors a 15% return on their investment in a secured equipment lease to a growing fitness franchisee. The loan will be secured by fitness equipment and a mobile fitness facility. The corporate company MAC Fitness LLC will also provide a corporate guaranty to resell the equipment to another franchisee in the event of default. Each franchisee has a personal training certificate and is screened and qualified by MAC Fitness LLC. Business exerience and a minimum net worth is required. A credit report is pulled and then analyzed to make sure the franchisee is qulified to run a MAC Fitness franchise. The loan will be for 5 years with monthly principle and interest payments made to the investor.