Business Purchase Loan Tip: How Long Is The Loan

Today's Business Purchase Loan Tip: How Long Is The Loan - The time to repay a business loan (or term) varies between 10 to 25 years. This will vary depending on if it is a SBA loan or a conventional loan. It also dependents on if there is real estate included in the business purchase.

Today's Featured SBA Pre-Qualified For Business Purchase Loans:

1.  Las Vegas, Nevada based mobile billboard business for sale - This business is dedicated to helping companies extend their brand recognition by using high quality advertisements on mobile billboards that are mounted on vehicles which are specially designed with patented backlit illumination system. This business provides the ability to create custom routes. These planned routes enable an advertising company to target specific locations and times. Messages have been provided for IBM, Warner Bro. Records, Bacardi, Mcdonald's, Six Flags, Eddie Bauer, CBS, General Motors, Smirnoff Vodka, Western Union, Microsoft, and USA Today. Deal Structure: Price: $675,000, Adjusted Net: $230,000. For details go to: http://www.usabizmart.com/businesses/116587.php

2.  Sacramento County, California based Ace hardware store opportunity for sale - This Ace hardware store has been in existence under the same ownership for 28 years. It was relocated to a brand new building in mid 2006. All the fixtures are brand new; new activant and paint computers; new rental equipment; and current ace decor and signage is in place. An incredible amount to time and expense has been spent to make this a jewel of an Ace store. The owner, however, is so exhausted from the move, he decided to retire. It is located in a highly desirable, upscale county in the foothills in the Sacramento region; which has averaged 2.7% annual population growth for 15 years! The big boxes have been in place for several years and are a minimal threat. A new energetic owner can capitalize on the fact that all the heavy lifting is done. You can now direct all your attention to maximizing the bottom line. Deal Structure: Price: $1,000,000, Adjusted Net: $240,000. For details go to: http://www.bizben.com/listings/95900.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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