Cash And Savings Is Typically Utilized For A Down Payment On A SBA Loan

SBA Loan Tip For Today On Business Purchase Loan Financing:

Cash And Savings Is Typically Utilized For A Down Payment Injection On A SBA Loan

Cash and savings - an obvious source for a complete or partial down payment on SBA loan financing. You do not want to utilize your entire pile of cash since SBA lenders will be accessing your "personal liquidity". Lenders do not want you to utilize all your cash on a down payment in case the new business you purchase has a few bad months financially. They want to make sure you have the funds personally to pay your families monthly bills etc.

Todays Featured SBA Loan Pre Qualified Business Listings For Sale:

1.  Washington based aircraft components manufacturing listing for sale. The company is an approved contract parts manufacturer for primarily Boeing commercial and military aircraft spares. It specializes in a diverse array of sheet metal work, utilizing multiple applications of compound forming, as well as a broad range of machined parts and assemblies. The company’s primary focus has been hard-to-make spare parts for Boeing commercial and military aircraft. It has established a solid and growing base of long-term contracts, not less than three years in length. Much of the work is repeat business. The company holds an important position in a niche market.  Boeing’s strict supplier policy, a strong economy, an aging aircraft fleet, and the company's lack of a sales force combine to produce a unique opportunity for growth. The second-generation owner virtually grew up in the business and has been involved with full-time management since the age of 20. He is now interested in pursuing new opportunities and has decided that, with the company’s debts substantially paid and the business cycle in a good, solid upswing, this is the logical and appropriate time to sell the business. Deal structure:  Price: Negotiable.  Adjusted Net: 2,700,000. For details go to:  http://www.usabizmart.com/businesses/111917.php

2.  San Fernando Valley, Los Angeles County, California based British pub and restaurant for sale with real estate - in a prime solid upscale affluent community and is very visible. This English pub is a classic in every sense in its style as well as reputation. It's located in a prime solid upscale affluent community and is very visible. It has a liquor #47 license, a friendly atmosphere designed in traditional pub style. Bar with table seating in a comfortable pub atmosphere. There are two patio seating areas front and rear. Decorated for style and comfort with big TV's in each room, where the latest soccer matches are on daily. Happy hour Mon-Thurs. Deal structure: Price: 2,400,000, Adjusted Net: 250,000. For details go to:  http://www.bizben.com/listings/89788.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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