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Purchases Priced Between $400,000 And $5,000,000


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4/25/07

SBA Loan Tip: Putting Up Equity In Real Estate Helps



sba loan
Today's SBA Loan Tip: Putting Up Equity In A Home Or Investment Properties Helps The SBA Loan Process - Putting up personal real estate collaterial on a deal always helps and sometimes mitigates lower credit scores, work experience that isn't direct, or other deal factors that can negate a loan.  Remember the collaterial attached by the lender is only to the level of current equity you have at stake in your residence at the time of SBA loan approval.

Today's Featured SBA Loan Pre-Qualified Businesses For Sale:

1.  Valencia, Los Angeles County, California based HVAC service business for sale - Well-established heating, ventilation and air conditioning (HVAC) service in Valencia, CA located in 1700 sq.ft. facility with mo-mo lease. The business employs 4 telemarketers, 2 office, 2 techs and 2 helpers. The owner is primarily involved in sales and marketing activities. The seller set up a very effective lead generating system. Residential/commercial customer split is 80/20%. It's a turn key operation and easy to learn business. Deal Structure: Price: $970,000, Adjusted Net: $240,000. For details go to: http://www.bizben.com/listings/95935.php

2.  Magnolia, Texas based truck repair/service opportunity for sale - Major repair & service for trucks and truck equipment with minimum competition within 30 miles. This company is over 10 years old and has a great reputation for quality and service with a large customer base. 85% of sales comes from word-of-mouth referrals from satisfied clients. Great facility located on over 2 acres North of Houston. Certified mechanics and other employees have an average of over 3 years with the company. SBA financing available. Deal Structure: Price: $650,000, Adjusted Net: $194,911. For details go to: http://www.usabizmart.com/businesses/115936.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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Posted at 9:06 pm in SBA Loans

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