SBA Commercial Loans Tip: Get Your Personal Credit Into Shape

Todays SBA Commercial Loans Tip: Get Your Personal Credit Into Shape - As a borrower your track record in paying your bills is an important part of the loan application process. The banks that give SBA loans will conduct a credit examination of the borrower. They then give the results to SBA. The SBA requires that borrowers personally guarantee the loan. It can be hard if you have a low credit score or bankruptcy. If your credit score is low, consider hiring a company like Lexington Law or other credit repair service to help.

Today's Featured SBA Pre-Qualified Business For Sale Opportunities:

1.  Phoenix, Maricopa County, Arizona based auto repair service business for sale - One of the finest automotive repair centers in the valley. Very clean and well laid out with plenty of parking on a busy street. This is a must see operation! All stalls have lifts and all equipment will stay, as well as the inventory of parts worth thousands. Seven computers and all the software you can use makes this shop a breeze to manage. Deal Structure: Price: $400,000, Adjusted Net: $147,126. For details go to: http://www.usabizmart.com/businesses/120749.php

2.  Utah based internet retailer company for sale - Home-based internet business specializing in home theater seating. They have customers throughout the United States as well as internationally.  Overhead is very low -- customers order from the company, and products are shipped directly to the customer, eliminating the need to stock inventory. There is no additional overhead for a warehouse, and office or employees. Since it is internet-based, the business can be located anywhere. The seller believes there is lots of potential for a new owner to expand the products offered and take the company to the next level. For personal reasons he has not chosen to go in that direction. This is an outstanding opportunity for someone who is computer and internet savvy to enjoy the benefits of working out of their home and making a very respectable income with a legitimate opportunity to grow the business. For a qualified buyer, seller will finance $200k. Deal Structure: Price: $350,000, Adjusted Net: $116,174. For details go to: http://www.usabizmart.com/businesses/120763.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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