Business Loan Tip: Borrow Enough Money

Todays Business Loan Tip: Borrow Enough Money for Your Business To Survive - You should have enough in reserve equal to the projected revenue for your first year of business plus your projected expenses. For example, if you believe, based on your research the business you want to buy will make $150,000 in revenues the first year and cost $100,000 for expenses, have at least $250,000 available. While you don't want to borrow too much through an SBA loan, undercaptialization is a common problem that can lead to bankruptcy.

Todays Listings Pre-Qualified For Business Loan:

1. San Francisco, San Francisco County, California based products distributor opportunity for sale - The company is a major stocking distributor of material handling products. The company has an excellent reputation for, service and on time deliveries. The company has an experienced management team, customer service and office staff. The sales staff is professional, experienced and effective. The company has a large and varied customer base with a high percentage of large companies. Location of business is avaliable for lease. Deal Structure: Price: $5,000,000, Adjusted Net: Call/Email. For details go to: http://www.bizben.com/listings/102809.php

2. Grand Rapids, Kent County, Michigan based sign company for sale - For nearly 50 years this family owned business has been fabricating and installing signs for thousands of west Michigan businesses and commercial customers. In fact, the list of active customers reads like a who’s who in west Michigan business. The company’s reputation for quality work and on time completion has helped account for its longevity. now, with aging operators, the seller has decided it’s the time to offer this excellent business for sale. This asset intensive business is offered for sale for $345,000 which is .95 times sales and only 3.45 times cash flow. In addition, the seller will offer comprehensive training to the buyer as part of the sales price. Deal Structure: Price: $345,000, Adjusted Net: $100,000. For details go to: http://www.usabizmart.com/businesses/119621.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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