Todays SBA Business Loans Tip: The SBA Loan Approval Process Should Only Be 3 To 5 Days Long - We get many referrals from bankers, brokers, and small business consultants whose clients have been bogged down with the underwriting process at a SBA lender. In many instances banks (without our assistance) will take up to 3 weeks for the SBA loan approval process (loan committees, etc)! When buying a business, timing is everything and most buyers and sellers can't wait an excessive time to find out whether a deal has been SBA loan approved for business purchase financing! The right SBA lender (who doesn't have a backup) should only take 2-5 days for a full approval letter of confirmation to be produced.
Todays Featured SBA Pre-Qualified Businesses For Sale:
1. Western Springs, Cook County, Illinois based
niche contractor business for sale - This company is a niche market national contracting company connected to the electrical industry. Work is done on a contract basis to handle installation, service work and consulting. Some contracts run up to three years and may include multiple facilities throughout the country. The seller has earned a strong reputation in the industry and developed a very successful business model delivering quality work on a timely basis at a fair market price. Key management is in place. The seller is available to train and consult for a year or more. Deal Structure: Price: Negotiable, Adjusted Net: $2,759,626. For details go to: http://www.usabizmart.com/businesses/121768.php
2. Benton County, Arkansas based
interior accent/gift opportunity for sale - Over a half-million in retail sales at distinctive location.
Inventory: $150,000 (included in the asking price)
FF&E: $45,000 (included in the asking price)
Business Summary
Since 1991 this opulent shopping destination serves as a repeat experience for local patrons and a breath-taking welcome to guests of northwest Arkansas. Customers are enveloped by luxurious home décor accents and gifts perfectly suited for every budget, occasion and season. High-end lines reserved for prestigious stores are rightfully and beautifully merchandised within this exclusive location. As custom-designed floral arrangements grace each focal point, decorators linger to dream within walls known for heightening professional design sensibilities. Customers rave about abundant gift selections including essential oil lamps, fine china, tableware, personal salon treatments, art, sculpture, pillows and throws, furniture, candles, custom floral, pottery, books, mirrors, scents, seasonal embellishment, gift cards and so much more. Gifts are elegantly packaged in heavy, rich papers and sealed with a signature. Deal Structure: Price: $350,000, Adjusted Net: $119,854. For details go to: http://www.usabizmart.com/businesses/121794.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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