Small Business Acquisition Financing Tip: Get Your Personal Credit Into Shape

Today's Small Business Acquisition Financing Tip: Get your personal credit into shape - As a borrower your track record in paying your bills is an important part of the loan application process. The banks that give SBA loans will conduct a credit examination of the borrower. They then give the results to SBA. The SBA requires that borrowers personally guarantee the loan. It can be hard if you have a low credit score or bankruptcy. If your credit score is low, consider hiring a company like Lexington Law or other credit repair service to help.

Today's Featured SBA Business Acquisition Financing Ready Listings:

1. Orange County, California based children's fitness opportunity for sale - Children's fitness center franchise, price just reduced!. Franchise owners in this system come from very diverse backgrounds. A few were former attorneys who gave up their law practices to join the franchise family. one was a doctor, a few were teachers, and some have had careers in sales and marketing. Many were successful business people who felt there was something missing in their lives. Financial success is important, but it isn't everything. The opportunity to work with kids and make a difference in their lives, to take off the business suits and replace them with polo shirts and tennis shoes, and to have fun while working hard are the factors that caused the franchise owners to change their lives and perhaps, for the first time, be in control of their own destiny. Deal structure: Price: $259,999, Adjusted Net: $103,000. For details go to: http://www.bizben.com/listings/87246.php

2. Des Moines, Polk County, Iowa based services contractor business for sale - Owner nets over $1,300,000. Dedicated, long term employees. Over 35 years. Service business: municipal infrastructure services contractor: for over 35 years this business has served municipalities. This business has grown to employ between 25 to 30 dedicated, long term employees offering municipal service contracts to many of its customers. Currently there are 130+ contracts. Municipalities will continue to require additional attention. Thus, this business is expected to continue its growth and profitability with an aggressive buyer. The CFO is capable of being the general manager for a buyer that would like to acquire this business and may operate it on a limited absentee basis. The geographical location is in the heartland of the U.S. with plentiful employees, good local schools, and generally a good place to raise a family. The business nets over $1,300,000 for current owner. Reason For Selling: Other Interests. Deal structure: Price: $5,900,000, Adjusted Net: $1,309,341, Down Payment: Call/Email. For details go to: http://www.usabizmart.com/businesses/112852.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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