Business Loan Financing Tip: Business Plan May Be Needed

Todays Business Loan Financing Tip: Business Plan May Be Needed For Business Purchase Financing - A business plan is usually requested by most lenders when business buyers get financing to buy a business. Most of the lenders and financial institutions we work with don't require it since we pre-screen our clients carefully and assist with the loan packages. If you don't have a lot of experience in the industry you are buying into, it does help to write a 4-10 page "mini business plan" to demonstrate your knowledge of the industry and business you are planning on buying.

Todays Businesses Pre-Qualified And Ready For SBA Loan Application:

1. Fort Smith, Sebastian County, Arkansas based trucking service business for sale - Trucking: High profit company in beautiful Arkansas river valley. This trucking company caters to a select group of fortune 500 companies and provides a future owner with significant growth potential. Located in the beautiful western Arkansas river valley, this company is licensed in 48 states and services their clients primarily in the midwest with occasional trips to both coasts.

FF&E: $144,900 Included
Year Established: 1990
Number Of Employees: 7pt
Reason For Selling: Retirement
Deal Structure: Price: $995,000, Adjusted Net: $548,942. For details go to: http://www.usabizmart.com/businesses/121733.php

2. Oklahoma City, Oklahoma County, Oklahoma based auto repair service company for sale - Automotive: Auto Repair: Profitable business performs all types of auto repairs – specializes in imports; Over 24 years at same location, great reputation, many repeat customers. located in south part of Oklahoma City, Oklahoma.

Real Estate: $300,000 Included
FF&E: $92,000 Included
Inventory: $5,000 Included
Year Established: 1983
Number Of Employees: 2ft
Reason For Selling: Retirement
Deal Structure: Price: $585,000, Adjusted Net: $107,479. For details go to: http://www.usabizmart.com/businesses/121737.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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