Loan To Buy Business Tip: Good Credit Scores Are Mandatory

Today's loan to buy business Tip: Good Credit Scores Are Mandatory For Deals Based On Cash Flow. Your credit needs to be spotless and usually north of a 600 credit score if you are to be approved for SBA loan cash flow oriented financing. Lenders want to lessen their risk factor on these deals since their are not many assets to secure the deal. That means the borrower's "financial characteristics" like a credit score needs to be relatively high.

Today's Opportunities Prequalified For A Loan To Buy A Business:

1. Bakersfield, Kern County, California based gas station/mart with real estate for sale - Chevron station with food mart and real estate is included. Great opportunity in bakersfield to own a long established business in one of the hottest cities in california! This gas station is branded Chevron and it includes food mart, beer & wine license, western union, and atm machine as well. All underground environmental are up-to-date/code. Real estate is included in the purchase price. This station has outstanding income and has high potential for excellent growth development. Located in an excellent part of bakersfield, this property is surrounded by many residents and commercials, and is right along side a busy intersection. This wonderful chance is hard to find so make an offer before it's too late! Deal structure: Price: $1,550,000, Adjusted Net: Call/Email. For details go to: http://www.bizben.com/listings/92274.php

2. Las Vegas, Clark County, Nevada based casino with real estate for sale - Long established casino with real estate. Unrestricted gaming license. This is a long established (50+ years) casino with slot machines, video pokers, and gaming tables. This business has an unrestricted gaming license, full liquor license and almost 2 acres of real estate is included in the purchase price. Deal structure: Price: $10,000,000, Adjusted Net: $1,500,000. For details go to: http://www.usabizmart.com/businesses/112796.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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