SBA Business Loan Tip: Length Of SBA Loans

Today's SBA Business Loan Tip: Length Of SBA Loans - The length Of SBA loans SBA loans are usually amortized over 10 years on business purchase only deals. They are priced at the prime rate plus a percentage. There is a maximum amount that a lender can charge.

Today's Featured SBA Pre-Qualified For SBA Business Loan Funding:

1.  Corona, Riverside County, California based hamburger franchise business for sale - Franchise hamburger restaurant location: Corona, California Financial Information: Asking: $1,200,000 gross: $1,500,000 cash flow: $200,000 Summary Description: Well established 15 years franchise hamburger restaurant business. One of the busiest and well known famous restaurant. Store size approx. 3000 sq. ft. & drive thru confidential agreement. No brokers please principals only. Deal Structure: Price: $1,200,000, Adjusted Net: Call/Email. For details go to: http://www.bizben.com/listings/89348.php

2.  Port Canaveral, Brevard County, Florida based portside bar opportunity for sale - Portside bar & restaurant for sale for $1,999,000! Sale includes the building, SRX liquor license, inventory & furniture, fixtures & equipment. the present building which cover 12,500sq.ft. needs refurbishing, however the other existing businesses in the area are comfortably making between $4 to $6 million a year in sales & there is no reason that this amount of income could not be made with this business providing the right enthusiastic person is in charge. World famous Ron Jon Surf company just spent $150 million on a new hotel & much anticipated waterpark. Disney has already made an investment with its Disney cruise terminal. Port Canaveral is the second busiest cruise port in the world. Deal Structure: Price: $1,999,000, Adjusted Net: $100,000. For details go to: http://www.usabizmart.com/businesses/115437.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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