Loan Census Banking News and Information
May 1, 2024  
 
 
  Business Loan Information  
 

Newberry, South Carolina Bank for SBA Loans

 

 
Loan Census SBA Loan Info

South Carolina Entrepreneur Secures Financing to Buy Premier Rental Purchase Franchise

Need a loan to buy a Premier Rental Purchase franchise? Business Carolina, Inc. has a history of making these loans and they are guaranteed by the SBA.

Premier Rental Purchase franchise loans are available to Newberry, South Carolina entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Business Carolina, Inc., based in Columbia, South Carolina, issued an SBA franchise loan for a Premier Rental Purchase franchise in 2007. We've got all the details on this South Carolina small business loan.

SBA Loan Borrower

PREMIER RENTAL CENTER
NEWBERRY, SC 29108

SBA Loan Lender

BUSINESS CAROLINA, INC.
1441 MAIN ST., SUITE 900
COLUMBIA, SC 29201

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

532210 - Consumer Electronics and Appliances Rental

Loan Approval Date

9/17/2007

Loan Approval Gross Amount

$550,000

Loan Approval from the SBA

Of the total $550,000 loan amount, the SBA guaranteed $412,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Premier Rental Purchase franchise. At the time of the loan, the company had no employees. This SBA loan request indicated that the funding would help create 5 new jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide money to small business owners for working capital for other expenses.

We can help you find the best banks for small businesses in Newberry 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:

Premier Rental Purchase

Investor Turnoffs

Small Bank Loans in Columbia, South Carolina

South Carolina SBA 7A Lenders