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


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9/13/07

SBA Loans Tip: Use Your Home Equity For Down Payment or Purchase



sba financing
Todays SBA Loans Tip: Use Your Home Equity For Down Payment or Purchase - If you have a lot of equity in your home, you can use it to buy a business or for a down payment. Don't pull all your funds out of your house for a down payment. Figure out how the deal will be structured and be sure you you have enough equity needed to help secure a loan.

Today's Featured SBA Pre-Qualified Businesses For Sale:

1. Big Bear Lake, San Bernardino County, California based cabin resort company for sale - Pine knot guest ranch is the newest cabin resort in Big Bear Lake, California. The lodge is situated on 2 acreas in a quiet, open area at 7,000 feet elevation. 2 blocks from the village (shops, restaurants, and entertainment), 1/2 block form the lake. the resort has 7 beautiful individul cabins that sleep 2 to 4, one rental unit above the office that sleeps 2 and could be a manager's unit, and one family a frame cabin that sleeps 6 and could be owners' quarters. 8 out of 9 cabins have in-door spas and wood burning fireplaces. There is also an on-site office and laundry facility. Pine knot guest ranch is just 2 to 3 miles away from two world class snow ski resorts ( Snow Summit and Bear Mountain). Pine knot guest ranch is unique in that many lodging facilities in big bear are a bit old, fully developed (no growth potential)and often front noisy streets with little or no open land for snow play or privacy. This lodge is underdeveloped with just 9 buildings. R-3 zoning allows for 12 units per acre, so 15 additioal cabins could be added. Travel times to markets and areas of interest: approx. 3 hours to Las Vegas, 1 hour to San Bernardino, 1 1/2 hours to Palm Springs, 2 hours to Orange County, 2 1/2 hours to San Diego, 2 1/2 hours to Los Angeles/beaches. Both the forest and lake are seasonally available year round for recreational activities such as: snow skiing, snow boarding, water skiing, boating, wind surfing, jet skiing, mountain biking, horse back riding, hunting, recreational shooting, 4-wheeling, camping, hicking, backpacking, fishing, and motorcycle trail riding. Deal Structure: Price: $1,999,000, Adjusted Net: Call/Email. For details go to: http://www.bizben.com/listings/82139.php

2. Kentucky based coffee shop listing for sale - Ten-year old company with great potential. This business has the best of both in terms of having B2B and business-to-customer revenue streams. With a commissary that produces artisan crafted bread products for wholesale and retail coffee shops, this company has multiple retail locations selling their product as well as others. This company has great name recognition and has a steady customer base with minimal advertising. This is a great opportunity for a strong entrepreneur to come in and take the company to the next level. Deal Structure: Price: $560,000, Adjusted Net: $160,000. For details go to: http://www.usabizmart.com/businesses/120028.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 9:46 pm in SBA Loans

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