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May 4, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > Bellevue, Business Loans > Eastside Comm. Bank Bellevue Business Loans > Cartridge World Loan | ||||
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Requirements for Financing a Franchise
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Washington Entrepreneur Secures Financing to Buy Cartridge World Stores FranchiseBorrowing money to purchase a Cartridge World Stores franchise? Eastside Comm. Bank has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Cartridge World Stores franchise may simply require a phone call to a local SBA banker. In 2004, Eastside Comm. Bank issued an SBA franchise loan to an entrepreneur in Monroe, Washington. Because Cartridge World Stores was registered with the SBA's registry of franchises, this Washington small business loan was issued on an expedited basis. SBA Loan Borrower CARTRIDGE WORLD SBA Loan Lender EASTSIDE COMM. BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 325992 - Photographic Film, Paper, Plate, and Chemical Manufacturing Loan Approval Date 12/29/2004 Loan Approval Gross Amount $130,000 Loan Approval from the SBA Of the total $130,000 loan amount, the SBA guaranteed $110,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Cartridge World Stores franchise. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower did not indicate that the company promised to use the money to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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: The Friends and Family Network Best Banks for Small Business in Bellevue, Washington
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