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Common Questions
How much do I need to put down to purchase a Liquor License?
As little as 10%, Rockwell Financial Group will finance 90% of the License value.
Can I pay Interest Only on the Loan?
Yes, Interest Only Loans can be from one to ten years with a balloon payment at the end of the loan. At that
time the loan can be paid off or refinanced if desired.
How long can you finance a liquor license loan for?
You can set up a loan to fit your needs, anywhere from a year to ten years.
I had a bankruptcy in the past, can I get Financing?
Yes, the loan does not depend on your personal credit history, but rather on the value of the liquor license.
How long, to close on a Liquor License Loan?
Usually within several days and only rarely in excess of a week.
Can I arrange the Loan as Interest Only, then convert to a standard principal and interest loan at some
period downstream?
Yes, often an individual will want to preserve their capital early-on while they are starting their business.
Then later, when they're more stable will want to begin paying interest and principal.
My Liquor License has gone up in value, can I refinance it so I can obtain additional working capital?
Yes, you can refinance for up to 90% of the current fair market value.
I have a liquor store and want to sell. I currently owe on the Liquor License, can you refinance it
for the new owner?
Yes, this is very similar to selling a house with a mortgage. It may even make it easier to sell a
license if you have a financing package available to the new or potential owner.
What other costs are there when getting a loan?
Only Attorney and origination fees, which will vary according to the price of the license.
What Financial Statements do I need to get a loan?
None. When we speak you will be surprised, our requirements are absolutely minimal.
What states do you finance liquor licenses?
Florida only. At this time we have restricted our loans to accommodate loans only within the state of Florida.
What is the process for obtaining a Loan?
Call or e-mail us to establish a convenient time for us to speak and discuss exactly what your needs and
requirements are. We are very flexible and confident that we can facilitate terms that are just right for
your situation. After we speak, we will fax or e-mail you a letter of commitment. Normally we can close
and fund within 2 to 3 days.
Do you buy or sell Licenses?
Rockwell's primary business is financiang liquor licenses. Occassionally, we have clients that we offer
assistance to in selling their licenses. Please see
Buy a License for available licenses.
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