SBA Business Loan Tip: SBA Loans Are Guaranteed

Today's SBA Business Loan Tip: SBA Loans Are Guaranteed - The SBA helps people get business loans indirectly, by guaranteeing a bank loan. In essence, the SBA will be responsible should you default on the business loan. They usually guarantee up to 90% of the loan amount.

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

1.  Martinez, Contra Costa County, California based gas station/mart with real estate for sale - Gas station (independant) with food mart, Contra Costa County. Gas volume 70,000 gallons monthly @22 cent margin and the food mart is about 22,000 monthly at 37% margin. Just changed to independant brand last week. Presently has U-Haul rentals, revenue is about 2,000 profit monthly. Business is sold plus inventory. Seller will package the business and property together for 1,550,000. Should be able to get sba loan with 20% down payment. If you just want to purchase the business (selling for 450,000) . Seller will carry note with 250,000 down payment plus inventory. Option on the property. Seller will grant a 20 year lease 5 year lease with 3-5 year otpions. Asking rent is 5,500 monthly plus NNN fees. Deal Structure: Price: $1,450,000, Adjusted Net: Call/Email. For details go to: http://www.bizben.com/listings/78226.php

2.  Houston County, Texas based hardware store with real estate business for sale - Franchised hardware store, with real estate. In business under same owner for 30 years. Beautiful 17,300 sq. ft. sales floor, 3,600 sq. ft. storage and 900 sq. ft. office. Stable earnings.

Business is located on busy street and serves a large and affluent residential area as well as many subcontractors and apartment projects. Long-term seller financing is available for qualified buyer.

Sale price includes the real estate valued at $800K, FF&E of $200K and inventory of $400K. Deal Structure: Price: $1,500,000, Adjusted Net: $202,047. For details go to: http://www.usabizmart.com/businesses/117650.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.

Technorati Tags: financing, small business

•Technorati  •del.icio.us  •Digg It  •Furl  •ma.gnolia  •Spurl  •Yahoo MyWeb