Loans To Buy A Busness Tip: Use Cash Gift For Down Payment

Today's Loans To Buy A Busness Tip: Use Cash Gift For Down Payment - You may have a generous relative who will help you with a down payment on buying a business. They will gift you the money. Just make sure there are "no strings attached". You may need a letter from the person giving the gift explaining that it is not a loan and will not need to be repaid in any way.

Today's Businesses Pre-Qualified And Ready For SBA Loan Application:

1. Ventura County, California based concrete contractor opportunity for sale -Great income! This construction concrete company was established 20 years ago by the current owner. They specialize in tilt-up construction, as well as slabs and foundation. Last year's revenue was around 3,000,000 with adjusted net of 228,000. The business requires C8 license. The seller is willing to stay and work for a while allowing the buyer to get the license. Current backlog of projects is around 2M.

Partnership split requires to sell fast and price reflects the urgency.

The company has been pre-approved for an SBA loan for qualified buyers. Deal Structure: Price: $400,000, Adjusted Net: $228,000. For details go to: http://www.bizben.com/listings/82716.php

2. Franklin County, Ohio based plumbing supply business for sale - Plumbing supply company, with a long, multi-generational history at current site. This plumbing supply company, organized as a C corp., has a long, multi-generational history at its current location. It supplies plumbing, heating, air conditioning, and some electrical products from its one physical location to plumbing contractors, excavators, general contractors, institutional custodians, and water well professionals. 90% of its business is wholesale and 10% via retail to walk-in traffic.

Owner's strong preference is to sell the business with the real estate. Owner is willing to assist a new owner for a period of time and other terms as specified in a purchase agreement. Deal Structure: Price: $1,200,000, Adjusted Net: $91,000. For details go to: http://www.usabizmart.com/businesses/110793.php

* Note: These businesses have been business pre-qualified only - buyers of these businesses will also have to be pre-qualified - before SBA loan business purchase financing may be obtained. Approximately 32 different factors (buyer/seller info) are evaluated in the SBA loan process for business purchase loan financing.

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