SBA Loan from Transamerica Small Business Capita Helps Heavy Construction Equipment Rental And Leasing Company

Transamerica Small Business Capita has a track record as a leading provider of SBA loans. Find out how this Colorado entrepreneur received an SBA loan from them.

Getting a small business loan in Colorado Springs, Colorado was an essential business goal for this firm back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Transamerica Small Business Capita, operating out of Greenville, South Carolina. Here are the details on this Colorado small business loan.

SBA Loan Borrower

COMPANY TYPE: HEAVY CONSTRUCTION EQUIPMENT RENTAL AND LEASING
COLORADO SPRINGS, CO 80907

SBA Loan Lender

TRANSAMERICA SMALL BUSINESS CAPITA
220 N MAIN ST, STE 604
GREENVILLE, SC 29601

This SBA small business loan was underwritten by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a complete analysis of the loan application and, in return, SBA delivers a rapid loan approval or denial response.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7353 - Heavy Construction Equipment Rental and Leasing

Loan Approval Date

6/20/2000

Loan Approval Gross Amount

$455,000

Loan Approval from the SBA

Of the total $455,000 loan amount, the SBA guaranteed $341,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 7 employees. This SBA loan request did not indicate that the company promised to use the money to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Transamerica Small Business Capita had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Transamerica Small Business Capita made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Accountant's Role in Securing Financing

Small Business Banks in Greenville, South Carolina

Getting an SBA Loan in South Carolina