Todays Business Lender Tip: Getting Preferred Lender Status - To get preferred lender staus to do SBA loans, a lender must have a good track record with the SBA. They must show a proficiency in processing and servicing
SBA loans. Once approved, the lender can approve loans without going through the SBA first. This makes the process go faster.
Todays Featured Businesses For Sale For Business Lender Financing:
1. Nassau County, New York based
limousine service opportunity for sale - Established for over 17 years limousine company offering services for weddings, proms, birthdays, Atlantic City, etc. Average transactions are from $700 to $2500. Price includes two stretch hummer SUV that seats 20 passengers year 2005 and 2006 and two stretch Cadillac Escalades suv that seats 20 passengers year 2005 and 2007. Business office open 6 days per week from 11am-7pm. Closed on sunday. Deal Structure: Price: $950,000, Adjusted Net: $300,000. For details go to: http://www.usabizmart.com/businesses/118615.php
2. Central Texas based
large truck repair business for sale - This well-reputed heavy-duty truck and equipment repair business has been established for 20 years and is operated independently, which gives it flexibility to meet customer needs. Services include, but are not limited to, rebuilding and repairing all makes and models of trucks, trailers, construction equipment, and diesel engines. The current owners wish to exit the business to pursue other interests, but will be available during the training and transition period. They are also willing to negotiate the terms of the real estate. Deal Structure: Price: $777,000, Adjusted Net: $225,968. For details go to: http://www.usabizmart.com/businesses/118619.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:
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