Todays SBA Funding Tip: Strengths Can Make Up For Deficiencies - As long as you don't have too many weaknesses, your strengths can help you secure the funding you need to buy a business. For example, insufficient cash for a down payment can be overcome with solid cash flow and collateral. Weak collateral can be overcome with good cash flow plus you applicable business experience.
Todays Businesses Pre-Qualified For SBA Lender Assistance:
1. Prescott, Yavapai County, Arizona based
landscape contractor business for sale - This landscaping contractor is one of the larger in the area. Their primary revenue stream is from new construction. Owned and operated by husband and wife. Husband acts as the company's general manager and wife performs part time bookkeeping. They have a foreman in place and significant operating assets are included. Deal Structure: Price: $624,500, Adjusted Net: $269,000. For details go to: http://www.usabizmart.com/businesses/121069.php
2. Eastern Pennsylvania based
niche rental service company for sale - This unique niche service business is the leader in northeast U.S. providing rental equipment to universities and institutions for student housing and in the dorms.
An ideal candidate to acquire the business would be interested in growing and expanding the business. The new owner could “ride the shirt tails” of others who would work side by side with the buyer to establish them in the business and point them in the direction to maintain and expand the business.
Most rental relationships are set up on annual contracts and renewal is automatic unless cancelled. Additional seasonal labor hired as needed. Owner willing to help transition business. Very attractive return for seasonal operation. Deal Structure: Price: $640,000, Adjusted Net: $160,000. For details go to: http://www.usabizmart.com/businesses/121060.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.Technorati Tags:
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