Business Loans Tip: Get A Good Credit Score To Get Business Loan

Todays Business Loans Tip: Get A Good Credit Score To Get Business Loan - You'll need high personal credit to get funding to buy a business. However, sometimes this can be mitigated with collaterial, a large down payment, and work/management experience in the type of business you're buying. Overall, good to excellent credit score is a very important factor in getting financing. Your credit score should be 600 or higher. If it isn't, take some time to clean up your credit.

Todays Featured SBA Loan Pre-Qualified Business For Sale Listings:

1. Sacramento, California based floral & plant fabrication, wholesaler, & retailer business for sale - This is a solid company, which has stood the test of time. They have been in business 20 years, and now the owners want to pursue other interests. This company works with home builders and decorators to custom make plants and floral. They have a top quality product, that can’t be found in your local stores. They have just revamped the website, and it is ready to start e-commerce, which will greatly ad to this business. The business itself has been set up with systems and personal in place for a turn-key operation. SBA financing is available on this opportunity. Deal Structure: Price: $1,400,000, Adjusted Net: $316,065. For details go to: http://www.bizben.com/listings/106923.php

2. Mobile County, Alabama based landscaping service opportunity for sale - This is a well established landscape and associated construction business. Excellent potential for tremendous ex growth. This company includes but is not limited too, design/build general contractor, Alabama and Mississippi. Growing and producing large specialty trees and shrubs in a self contained nursery. Planting of large specialty trees and shrubs. Drainage (sub and surface grade). Exterior construction including retaining walls, concrete and paver installation, swimming pool and pool house construction. Deal Structure: Price: $2,100,000, Adjusted Net: $202,546. For details go to: http://www.usabizmart.com/businesses/120007.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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