Today's SBA Loan Tip For Business Opportunity Loan Purchase Financing: Getting Approval On Cash Flow Based Loans With Direct Industry ExperienceBorrowers need to have either direct industry experience of the business they are buying or have provable working skill sets that shows they can not only operate the business successfully but make it grow in the future. A great way to demonstrate this is to write a short comprehensive " mini business plan" (5-8 pages) that outlines your knowledge not only about the business your are purchasing but also about the industry it is in.
Cash flow based financing can be achieved if the loan package is presented correctly to specialty lenders.
Today's Featured SBA Loan Pre-Qualified Small Business Opportunity For Sale:
1. San Jose, Santa Clara County, California based
Liquor Store Listing Opportunity For Sale - Rent @ $5600 A Month Including NNN. Money Maker Business.. This Is A 2700 Square Feet Store Located In Strip Mall On A Busy Street In San Jose With Plenty Of Parking Spaces. With No Competition Around. Rent Is At 5600 A Month Including Nnn+ Water+Garbage. Purchase Prise Does Not Include The Inventory Of 120K Seller Will Be Willing To Carry The Inventory. It Is Ran By An Absentee Owner. 3 Full Time Employees Run The Business From 8:00 To 11 On Weekdays And 8:00 To 1:00 On Friday And Saturdays. Payroll For 3 Employees Are 6K A Month With 500 A Month Workman Comp. Lease Is 4 Years Left Plus 5 Years Option. Very Busy Shopping Center And Great Opportunity For Owner Operation Or Family Operation. Potential Buyers Need To Come To My Office To Get Information Regarding The Business. I Will Not Give Address Or Financial Info Over The Phone Or By Email. Clean Books And Records. Deal Structure: Price: 650K, Adjusted Net: 200K. For details go to: http://www.bizben.com/listings/88417.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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