Today's Financing A Business Purchase Tip:
The SBA Loan Approval Process Should Only Be 2 To 5 Days Long I get many referrals from bankers, brokers, and small business consultants whose clients have been bogged down with the underwriting process at SBA lenders. In many instances banks (without our assistance) will take up to 3 weeks for the SBA loan approval process (loan committees, etc)! When
financing a business purchase, timing is everything and most buyers and sellers can't wait an excessive time to find out whether a deal has been SBA loan approved for business purchase financing! The right SBA lender (who doesn't have a backup) should only take 2-5 days for a full approval letter of confirmation to be produced.
Today's Featured Small Businesses For Financing A Business Purchase:
1. Folsom, Sacramento County, California based
italian restaurant opportunity for sale - growing neighborhood. Very profitable operation. Long term lease. Low rent. A very attractive successful italian restaurant. Growing neighborhood. Very profitable operation with potential to franchise. Full liquor on sale license. Outdoor patio. Banquet facilities. Motivated seller. Long term lease with low rent. Deal structure: price: $850,000, adjusted net: $300,000. For details go to: http://www.bizben.com/listings/89977.php
2. New york, New York based
bridal dresses company for sale - well established high end wholesale/designer of custom made bridal dresses. Well established high end wholesale/designer of custom made bridal dresses for private customers located in the fashion district of new york. With approximately 50 accounts throughout the usa & canada. Open to retail stores. Includes trademark of couture line of bridal dresses. Ideal for someone who love to design clothes. Come attend the bridal dress show held once a rear. Includes name, furniture, fixtures, & equipment, patterns, materials & inventory up to $500,000. Gets paid in 30 days c.o.d by appointment only. Deal structure: price: $3,000,000, adjusted net: $975,052. For details go to: http://www.usabizmart.com/businesses/112014.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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