Today's SBA Loan Tip For Small Business Purchase Loan SBA Financing: Good Credit Scores Are Mandatory For Deals Based On Cash Flow
Your credit needs to be spotless and usually north of a 700 credit score if you are to be approved for
SBA loan cash flow oriented financing. Lenders want to lessen their risk factor on these deals since their are not many assets to secure the deal. That means the borrower's "financial characteristics" like a credit score needs to be relatively high.
Today's Featured SBA Pre-Qualified Small Businesses For Sale:
1. Metro New Orleans, Louisiana based
Tunneling And Plumbing Services Company For Sale - Extensive Equipment And Substantial Contracts. Property Avail. Owner Retiring.. Twenty-One (21) Year Old Vacuum Tunneling And Plumbing Company. Extensive Equipment And Substantial Contracts. Property Available. Owner Retiring. Deal Structure: Price: 1,175,000, Adjusted Net: 318,415. For details go to: http://www.usabizmart.com/businesses/111098.php
2. Encinitas, San Diego County, California based
Italian Restaurant Opportunity For Sale - Lovely Italian Restaurant By The Water - Tons Of Atmoshpere, Lots Of Walk In Traffic, Always Busy And Never Disappointing To Customers. Located In One Of The Busiest Shopping Centers In Encinitas, This Place Has It All! Beer And Wine License, Great Lease And More! The Revenue Speaks For Itself. Deal Structure: Price: 450,000, Adjusted Net: 160,000. For details go to: http://www.bizben.com/listings/87814.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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