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Purchases Priced Between $400,000 And $5,000,000


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7/16/07

Financing SBA Loan Tip: Underwriters & Processors



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Today's Financing SBA Loan Tip: Underwriters & Processors At SBA Lenders Are Very Important In The Financing Process - Underwriters & processors are two of the most important functions in getting a SBA financed deal done quickly and professionally. Most buyers go to any lender with SBA financing and the salespeople offer "the moon". However it is the people behind the "velvet curtain" that do the work to get the deal done or not. Most buyers, business brokers, and small business owners don't realize how different most lenders are in their underwriting and processing departments. Some lenders I won't utilize as a consultant because their "back-rooms" are slow and unprofessional. Because of our loan volume BizBuyFinancing gets the best teams at all lenders.

Today's Featured Small Business Opportunities For Sale:

1. Rhyolite, Storey County, Nevada based computer service opportunity for sale - This computer sales and repair business is a fantastic opportunity for an owner/operator, business manager or absentee owner. All technicians are fully trained and certified. Well established business of ten years with extensive client list including commercial and individual accounts. Medical reasons force sale. Excellent location in busy shopping center with name brand tennants. Highly confidential. Deal Structure: Price: $329,000, Adjusted Net: $115,000. For details go to: http://www.usabizmart.com/businesses/118511.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.

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Posted at 8:16 pm in SBA Loans

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