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May 3, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Windsor, Business Loans > Ups Capital Business Credit Windsor Business Loans > Commercial And Industrial Machinery And Equipment Rental And Leasing Loan | ||||
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Business Loans for North Hollywood Small Business Owners
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Bank Loans for Commercial and Industrial Machinery and Equipment Rental and LeasingLooking for bank loans for commercial and industrial machinery and equipment rental and leasing? An SBA loan may be just what you've been looking for. This $1,350,000 commercial and industrial machinery and equipment rental and leasing loan was issued by a Connecticut bank. Getting a small business loan in North Hollywood, California was important for this growing firm back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Ups Capital Business Credit, operating out of Windsor, Connecticut. Here are the details on this California small business loan. SBA Loan Borrower COMPANY TYPE: COMMERCIAL AND INDUSTRIAL MACHINERY AND EQUIPMENT RENTAL AND LEASING SBA Loan Lender UPS CAPITAL BUSINESS CREDIT 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 532490 - Commercial and Industrial Machinery and Equipment Rental and Leasing Loan Approval Date 6/22/2001 Loan Approval Gross Amount $1,350,000 Loan Approval from the SBA Of the total $1,350,000 loan amount, the SBA guaranteed $783,000. 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 9 employees. The SBA loan application for the borrower indicated that the loan would help retain 9 existing jobs. Next Steps for Getting an SBA Loan For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Ups Capital Business Credit had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Ups Capital Business Credit 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: Find an SBA Lender in Windsor, Connecticut
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