Business Loan Buy Tip: SBA Loans Are Guaranteed

Todays Business Loan Buy Tip: SBA Loans Are Guaranteed - The SBA helps people get business loans indirectly, by guaranteeing a bank loan. In essence, the SBA will be responsible should you default on the business loan. They usually guarantee up to 90% of the loan amount.

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

1. Orange, Orange County, California based auto accessory store business for sale - The business sells auto accessories which include: body kits, wings, custom tail & head lights, euro lights, billet grills, performance items, mufflers, chrome trim, interior trim, DVD, navigation and stereo equipment, suspension kits, tires and wheels, window tinting and much more. Hrs. of operation: 10am-7pm (M-Fri), 9am-6pm (Sat.) and 11am-5pm (Sun). The store is located in a small strip center and is anchored by a liquor store, barber shop and a hardware store, each of which is drawing a predominately male auto accessory type customer. Shop is centrally located and with easy access from the 91, 55 and 57 freeways. New lease available to buyer. The 3 employees include a full-time sales assistant, a mechnic and a part-time kit installer. Shop is centrally located and with easy access from the 91, 55 and 57 freeways. Deal Structure: Price: $195,000, Adjusted Net: $105,000. For details go to: http://www.bizben.com/listings/88309.php

2. Newport News, Newport News City County, Virginia based transmission repair opportunity for sale - This business provides an overhaul service for all types of transmissions, from economy cars to heavy duty trucks. The business has been established for three years, employs talented and dedicated technicians, and is well equipped for the future in the current six bay facility.

As a bonus the business can easily expand out to an existing seventh bay, or utilize the addition to generate lease income or an additional profit center. Deal Structure: Price: $250,000, Adjusted Net: $125,000. For details go to: http://www.usabizmart.com/businesses/120248.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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