SBA Tip: A Good Credit Rating Is Vital

Today's SBA Tip: A Good Credit Rating Is Vital For Getting A SBA Loan - Your credit history is a gauge of your credit worthiness and is an important component in the SBA loan application process. The SBA partner banks provide the money, but they usually do the credit examination and then submit the results to SBA. If you have a bankruptcy or poor credit history you will have difficulty getting an SBA loan. If your credit score is low, consider a credit repair service like Lexington Law. They help speed up the process of restoring good credit.

Today's Featured Opportunities For Sale Pre-Qualified For Business Acquisition Financing:

1. Dayton, Montgomery County, Ohio based restaurant with real estate for sale - Long established, unique destination restaurant & banquet facility, in historic section of Southern Montgomery County. Property included, recently valued at $1.8M, over 2 acres, plenty of parking, 15,000 square feet facility. Upscale dining, banquet facilities, SBA candidate. Deal Structure: Price: $1,400,000, Adjusted Net: Call/Email. For details go to: http://www.usabizmart.com/businesses/112396.php

2. Cincinnati, Hamilton County, Ohio based ice cream stores opportunity for sale - Exciting opportunity to acquire six (6) existing locations for the countries premier high-end ice cream franchise. Locations in Southwest Ohio and Northern Kentucky. Profitable businesses, fantastic locations. Purchase all, geographic groupings or individual locations. Deal Structure: Price: $2,300,000, Adjusted Net: $425,000. For details go to: http://www.usabizmart.com/businesses/112626.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.