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10/23/06

Underwriters & Processors At SBA Lenders Are Very Important In The Financing Process



Today's SBA Loan Financing Tip For Business Acquisition Loans:

Underwriters & Processors At SBA Lenders Are Very Important In The Financing Process

Underwriters & processors are two of the most important functions in getting a SBA financed deal done quickly and professionally. Most buyers go to any lender with SBA financing and the salespeople offer "the moon". However it is the people behind the "velvet curtain" that do the work to get the deal done or not. Most buyers, business brokers, and small business owners don't realize how different most lenders are in their underwriting and processing departments. Some lenders I won't utilize as a consultant because their "back-rooms" are slow and unprofessional. Because of our loan volume BizBuyFinancing gets the best teams at all lenders.

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

1. Portland, Portland, Multnomah County, Oregon based Bed & Breakfast Opportunity For Sale With Real Estate - Spectacular Historic Property In Exclusive, Upscale Area!. Attention 1031 Investors! Spectacular Historic Property In The Most Exclusive, Upscale Area Of Portland. Property Includes A Second Buildable Lot. B&b Currently Operates 6 Rooms + Owner's Apartment. Possibilites For Expansion Include Adding More Rooms In 4th Floor And Build-Out Of Second Lot. This B&b Offers All The Amenitites. Exclusive Area Close To Downtown. Weekday Clientele Includes Corporate Travelers Attracted To The Convenient Location And Historic Charm. Weekend Clientele Includes Vacationers Desiring A Convenient Upscale Neighborhood Within Walking-Distance To Trendy Shops, Restaurants And Everything That Portland Has To Offer. Beautiful Views Of City Lights And The Mountains. 90% Of Expenses Are For Owner's Living Expenses. Deal Structure: Price: 2,750,000, Adjusted Net: 124,565, For details go to:  http://www.usabizmart.com/businesses/111171.php

2. Central New York, based Physical Therapy Practice For Sale - This Is A Very Nice And Well Supported Physical Therapy Practice Owned By A PT. This Is A Very Nice And Well Supported Physical Therapy Practice Owned By A Physical Therapist, Who Wishes To Head Back To A Solo Practice, Making This An Ideal Purchase For The Right Person. The Practice Has A Great Reputation And Enjoys A 5+ Year History. Deal Structure: Price: 535,000, Adjusted Net: 178,200. For details go to: http://www.usabizmart.com/businesses/111181.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 1:44 pm in SBA Loans

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