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1/15/07

Apply For A SBA Loan Tip: Show What You Know



sba loan financing
Today's Apply For A SBA Loan Tip: - Show What You know to get the loan - When you most need money may be the hardest time to get a loan. A great idea or a lot of enthusisam is not enough. You need to demonstrate an understanding of the industry, that you understand the business, and have the necessary commitment. Lenders are often approached by people who have little knowledge about the industry they want to enter. Do some research before asking for a loan. Prepare an in-depth analysis of the market, projected expenses and income, and other details. The more evidence you show that you are prepared the better.

Today's Featured SBA Loan Pre-Qualified Businesses For Sale:

1.  San Diego County, California based consumables wholesale company for sale - company sells disposable products to businesses throughout San Diego County. No big customer concentration issues, very large volumes, and very few employees make this an attractive business. Strong and consistent financial results. Very large accounts receivable. Therefore, the buyer must be financially capable of handling working capital requirements in addition to the purchase price. Deal structure: Price: $1,650,000, Adjusted Net: $430,000. For details go to: http://www.bizben.com/listings/86934.php

2.  Des Moines, Polk County, Iowa based equipment manufacturer opportunity for sale - Manufacturer and distributor of equipment used in food processing. Manufacturing and distributing company: midwestern food processing equipment: this business is a 52 year manufacturer and distributor of equipment used in food processing, and is a trusted source of equipment, replacement parts, support and service. Their equipment is in operation worldwide with the highest level of efficiency and reliability built on to each product. This company has centrally located headquarters and manufacturing in the midwestern united states with sales representatives worldwide. The company has earned a well deserved reputation for producing the most dependable equipment available to the industry. Designed to rigorous standards, each piece of equipment is engineered for reliable, low maintenance usage. The highest quality materials and the state of the art manufacturing facilities and methods, produce equipment intended for years of trouble free operation. Plus step by step quality control, with meticulous final inspection assures each piece of equipment that leaves the plant will perform up to exacting company standards. Some of the equipment has become an accepted standard for their industry. Company management will assist in all aspects of the business for a smooth transition. Business nets over $450,000. Deal structure: Price: $2,500,000, Adjusted Net: $450,000. For details go to: http://www.usabizmart.com/businesses/112850.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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Posted at 3:06 pm in SBA Loans

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Comments:

Great tips for SBA loans Mr. Peter Siegel. Where To Obtain A Down Payment article is very interesting, informative and helpful, thank you for sharing this precious info.

Posted by: Finance Guide 101 | January 17, 2007 - 7:07 am


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