Commercial Loan Tip: Home Equity Loan

Todays Commercial Loan Tip: Home Equity Loan - Many business buyers often use equity from their homes as collateral for a business purchase. Home equity lines of credit are popular. They can be prepaid, cost less up front, and you can take longer to pay them back.

Todays Featured SBA Pre-Qualified Businesses For Sale:

1. Fort Lauderdale, Broward County, Florida based specialty lighting business for sale - Business provides retail and distribution outlet for high-end specialty lighting accessories (replacement bulbs, distinctive fixtures, etc). Typical customers are luxury yacht owners/captains/crew and local yacht builders. Business has excellent international reputation with many repeat customers.

Business is located in beautiful 2,000 sq. ft. showroom. 2006's sales were comparable. Annualized financials based on ytd june 30, 2007. Downpayment based on lender requirement. Deal Structure: Price: $1,275,000, Adjusted Net: $554,442. For details go to: http://www.usabizmart.com/businesses/121804.php

2. Dallas, Dallas County, Texas based auto repair with real estate opportunity for sale - Recently Remodeled Complete Auto Repair With Real Estate.
Financial Information
Asking: $580,000
Gross: $429,439
Cash Flow: $152,739
Furniture, Fixtures & Equipment: 73,720
Inventory: 2,500 (Included In Price)
Real Estate: 300,000 (Included In Price)
Financing: Third Party Financing

Summary Description
This recently remodeled complete auto repair shop is rapidly growing with its efficient management and pro-active marketing efforts. The sophisticated and high-tech software system helped immensely this shop achieve the efficient management. It has streamlined inventory and cost control, and overall operation, and also it helped increase shop and technicians’ efficiency as well as profitability by providing accurate data. Owner’s involvement is minimal since there is a strong management system in place. There is a plenty of room to grow by tapping tire sales, inspection stickers (tax office is located right across from the shop), auto body services, and used car sales (situated on a 16,000 sf of land). Established for 35 years but the whole shop has been completely remodeled less than a year ago, and this fresh new look gives very high visibility and good impression to new customers. It provides the complete minor to major automotive repair service.

General Information
Facilities: Situated on approx. 16,000 sf of land, it is as ample lot as new owner can potentially start used car sales. Its corner lot location also adds make the shop visibility easy. About 3,600sf of building has been efficiently sectionalized into auto service stations, storage warehouse, office, and customer waiting room.
Competition: The efficient management system in place coupled with pro-active marketing efforts through on-line, yellow pages, direct mailings has contributed largely to the shops continued sales growth.
Growth and expansion: Good growth due to the amount of vehicles on the road. As interest rates rise, fewer people purchase new cars, but rather, repair them. Deal Structure: Price: $580,000, Adjusted Net: $152,739. For details go to: http://www.usabizmart.com/businesses/121809.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.