Business Acquisition Loan Tip: Beware Of Loan Scams

Today's Business Acquisition Loan Tip: Beware Of Loan Scams - There are few options besides SBA guaranteed or not backed by real property. Buyers should be aware of anyone offering loans with little or no down payment required. Beware of "buy a business with no money down" scams. Borrowers should beware of any lender or loan broker that requires a large amount of up front or packaging fees.

Today's Featured Business Loan Pre-Qualified Business Opportunities For Sale:

1. South San Francisco, San Mateo County, California based transmission company for sale - Great opportunity for someone looking to get into the transmission business. Successful heavy duty transmission company located in South San Francisco which serves clients from Santa Rosa to San Jose and as far East as Vacaville. Deal Structure: Price: $675,000, Adjusted Net: $260,000. For details go to: http://www.bizben.com/listings/88761.php

2. Greenville County, South Carolina based auto repair service business for sale - This well run full service auto service center provides quality repairs, service and and maintenance for all types of vehicles from brakes to electrical to tune-ups and tire sales. With experienced, knowledgeable service technicians and up-to-date diagnostic equipment and tools, the business's level of service and sterling reputation are unstoppable. The business is located in a high traffic area of town, and the highly visible location attracts an extensive base of new referrals, new customers and long-term repeat clientele. In 2006 the owners have built a second stand alone facility for expansion into other complimentary services. You can assume existing SBA loan with great terms. The owners are relocating to be near their family, who are moving out of state. The real estate is worth $775,000. Deal Structure: Price: $1,273,000, Adjusted Net: $179,287. For details go to: http://www.usabizmart.com/businesses/114301.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: business, sba loan

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