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5/13/07

SBA Tip: Projected Income Of Business



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Today's SBA Tip: SBA Wants To See The Projected Income Of The Business - When you get a SBA loan, the SBA is will want to know a detailed business plan for SBA loan financing about how the business will make money. They need to know how you  can repay the loan. Not only that, they want to see whether the business can earn enough to cover the monthly payments.

Today's Featured SBA Pre-Qualified Small Business Listings:

1. Riverside County, California based custom golf carts sales, distribution, accessories business for sale - Business Summary: This is one of the leaders in the custom golf car/cart industry. They specialize in accessorizing golf carts into unique mini-cars and are an area dealer for the club car line, which is the “cadillac” of the industry. They carry a full inventory of club car parts and accessories. Seller’s Discretionary Earnings: 319,000. Deal Structure: Price: $960,000, Adjusted Net: $319,000. For details go to: http://www.bizben.com/listings/91282.php

2. Philadelphia, Pennsylvania based equipment manufacturer business for sale - The company designs, assembles and markets a full range of industrial laser printer solutions for special applications that are particularly beneficial in shipping and manufacturing areas that are dirty or humid. Their design incorporates a unique environmentally self conditioned cabinetry that they have patented which utilizes industry standard laser printers. They target pulp and paper industry, chemical drums, steel, large product distributors and OEMs. Also, a huge potential exists in the defense and military markets. Seller is willing to train and assist buyer for a successful transition and may be further available for up to 1 year if buyer desires. Deal Structure: Price: $990,000, Adjusted Net: $140,015. For details go to: http://www.usabizmart.com/businesses/116497.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 9:21 pm in SBA Loans

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