Cash & Savings Is Typically Utilized For A Down Payment Injection On A SBA Loan

Cash & Savings Is Typically Utilized For A Down Payment Injection On A SBA Loan

Cash & Savings - An obvious source for a complete or partial down payment on SBA loan financing. You do not want to utilize your entire pile of cash since lenders will be accessing your "personal liquidity". Lenders do not want you to utilize all your cash on a down payment in case the new business you purchase has a few bad months financially. They want to make sure you have the funds personally to pay your families monthly bills etc.

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

1.  Los Angeles County, California based Mexican Restaurant For Sale - Owner Absent, Simple Menu, Open 8 To 10, 7 Employees, 980 Sqft, Low Cost Of Sale, Rent 4200 Plus Cam 1210 Lease Untl 2009 Plus 5 Yr Option Deal Structure: Price: 499,000, Adjusted Net: 156,000.  For details go to:  http://www.bizben.com/listings/87532.php

2.  Northern Nevada, based Painting Contractor Opportunity For Sale - With Over 17 Years Experience, This Established Painting Contractor Provides High Quality Painting And Is Service Oriented. The Business Services Northern Nevada & California. A Painting Contractor's License Would Be Required Or Would Need To Be Obtained In Both States In Order To Be Able To Continue Servicing Both Geographies. They Specialize In Commercial Jobs, But Can Do Residential Jobs Too Which Presents An Opportunity For Growth Should The Buyer Decide To Tap Into The Residential Market. Most Of Their Clients Are General Contractors, Developers & Property Owners With Whom They Have Great Relationships. Advertising Hasn't Been Necessary As Their Reputation Is Impeccable And They Have Plenty Of Contracts Which Will Take The Business Well Into The Future. Deal Structure: Price: 350,000, Adjusted Net: 80,209. For details go to:  http://www.usabizmart.com/businesses/110979.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.