Business Purchase Loan Tip: Home Equity Loans

Today's Business Purchase Loan Tip: Home Equity Loan - Many business buyers often use equity from their homes as collateral for a down payment on a business purchase. Home equity lines of credit are popular. They can be prepaid, cost less up front, and you can take longer to pay them back than other forms securing a down payment to buy a business.

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

1.  Livermore, Alameda County, California based tent/party rental business for sale - An outstanding opportunity for an absentee owner or financial buyer, this 20 year old Northern California tent/event/party rental business can best be described as stable and low tech with a relatively high cash flow and low obsolence. Depending on the buyer's circumstance, current management (CEO, CFO) would be willing to stay on to continue in their current roles, for an interim period or beyond, making this an attractive investment for an absentee owner. Due to the current ownership structure, seller financing is not available. However, current management is willing to consider a partnership arrangement with potential buyers. Deal Structure: Price: $2,500,000, Adjusted Net: $726,000. For details go to: http://www.bizben.com/listings/93241.php

2.  Atlanta, Gwinnett County, Georgia based Italian restaurant oppotunity for sale - Over 10 years in operation! Well-established, highly profitable Italian restaurant. Owner's benefit of $300k with clean books and records. Favorable lease terms. Seller will train and consult. Serious inquiries only. Priced to sell at only $915K. Deal Structure: Price: $915,000, Adjusted Net: $299,599. For details go to: http://www.usabizmart.com/businesses/112183.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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