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May 1, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > St. Louis, Business Loans > Ge Cap. Small Business Finan Corp St. Louis Business Loans > Matco Tools Loan | ||||
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Requirements for Borrowing Money to Buy a Franchise
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Texas Entrepreneur Secures Financing to Buy Matco Tools rent Tools FranchiseNeed money to buy a Matco Tools rent Tools franchise? Ge Cap. Small Business Finan Corp has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Matco Tools rent Tools franchise? If so, here's a 2003 SBA franchise loan that you should know about. Ge Cap. Small Business Finan Corp was the lender and the entrepreneur was based in Arlington, Texas. SBA Loan Borrower MATCO TOOLS SBA Loan Lender GE CAP. SMALL BUSINESS FINAN CORP As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 454390 - Direct Selling Establishments Loan Approval Date 6/10/2003 Loan Approval Gross Amount $123,700 Loan Approval from the SBA Of the total $123,700 loan amount, the SBA guaranteed $105,145. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Matco Tools rent Tools franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help retain 1 existing job. Start the Process for Getting an SBA Loan Today! The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses. We can help you find the best banks for small businesses in Arlington or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. About This SBA Loan Information: All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ. Related Links: Raising VC Money for Social Networking Companies Where to Get an SBA Loan in St. Louis, Missouri
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