Provide Decent Tax Returns Early In The SBA Loan Process

Today's SBA Loan Tip For Business Purchase Loan Financing:

Make Sure The Business Broker Or Seller Can Provide Decent Tax Returns Early In The Process

It comes up all the time. Business brokers, agents, and sellers/owners have no idea what is on the tax returns. By the time the seller has received the tax returns for financing considerations - a lot of time is wasted due to the tax returns don't show adequate cash flow for debt service. It's amazing how many business brokers and agents don't collect, don't investigate the numbers on tax returns before putting it on the market to sell! Buyers - before you make an offer on a business purchase, make sure the tax returns are ready - and try and get a copy of them before you make an offer.

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

1. Stockton, San Joaquin County, California based Gas Station Business For Sale With Real Estate - Beacon Gas Station. Priced Right To Sell. Great Deal For The Right Buyer.. Located On A Real Busy Street In Stockton, This Beacon Gas Station Has No Franchise Fees. The Gas Purchase Agreement However, Is Good For Another 5 Years. This Station Has The Only Mechanic Shop Within 6.5 Miles Radius. This Presents An Oipportunity For An Experienced Mechanic Or Some With Shop Management Experience. Deal Structure: Price: 1,290,000, Adjusted Net: Call. For details go to:  http://www.bizben.com/listings/88264.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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