SBA Loan Application Tip: Home Equity Helps

Today's SBA Loan Application Tip:

Home Or Investment Property Equity Helps SBA Loan Application Process

Putting up personal real estate collaterial on a deal always helps and sometimes mitigates lower credit scores, work experience that isn't direct, or other deal factors that can negate a loan.  Remember the collaterial attached by the lender is only to the level of current equity you have at stake in your residence at the time of SBA loan application approval.

Today's Businesses Pre-Qualified And Ready For SBA Loan Application:

1. Los Angeles County, California based spa & massage company for sale - one of the best spa/massage company for sale all 6 locations. This is a chain of retail service day spas/massage therapy centers based in Los Angeles and Valley Area.  Because of the multiple store locations, it is produce high gross and cashflow.  Also current owner is absentee owner. There is a room for growth. Deal structure: price: $975,000, adjusted net: $324,000. For details go to: http://www.bizben.com/listings/89901.php

2. New York County, New York based bagel and deli listing for sale - on a busy road, great lunch menu, new construction in area. . On a busy road, great lunch menu, new construction in area, new mall going up in 1 year. Makes bagels on premises, new equipment in strip mall. Deal structure: price: $425,000, adjusted net: $248,290. For details go to: http://www.usabizmart.com/businesses/112001.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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