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April 30, 2024 |
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| Home > Small Business Lenders by State > Virginia Business Loan Sources > Mclean, Business Loans > Capital One Mclean Business Loans > Management Recruiters Internat Loan | ||||
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Business Loans for Palmyra Businesses
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Borrow Money to Buy a Management Recruiters FranchiseBorrowing money to buy a Management Recruiters franchise? Capital One has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Palmyra, Virginia needed money to invest in a Management Recruiters franchise back in 2004. Capital One issued an SBA franchise loan. Here are the details on this Virginia small business loan. SBA Loan Borrower MANAGEMENT RECRUITERS INTERNAT SBA Loan Lender CAPITAL ONE The lender provided this SBA small business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code Loan Approval Date 11/22/2004 Loan Approval Gross Amount $35,000 Loan Approval from the SBA Of the total $35,000 loan amount, the SBA guaranteed $17,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Management Recruiters franchise. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the loan proceeds to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business SBA loans provide smart, affordable business financing for small businesses looking to expand. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Capital One are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you. 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: Management Recruiters International, Inc. Obtaining Funding From a Venture Capitalist SBA Approved Banks in Mclean, Virginia Where to Get an SBA Loan Virginia
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