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May 3, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Livingston, Business Loans > Cit Small Business Lending Corp Livingston Business Loans > Discovery Point Loan | ||||
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I Need a Small Business Loan to Buy a Franchise in Canton, Georgia
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Borrow Money to Buy a Discovery Point FranchiseNeed money to invest in a Discovery Point franchise? Cit Small Business Lending Corp has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Discovery Point franchise? If so, here's a 2004 SBA franchise loan that you should know about. Cit Small Business Lending Corp was the lender and the entrepreneur was based in Canton, Georgia. SBA Loan Borrower DISCOVERY POINT SBA Loan Lender CIT SMALL BUSINESS LENDING CORP This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 624410 - Child Day Care Services Loan Approval Date 9/20/2004 Loan Approval Gross Amount $1,637,000 Loan Approval from the SBA Of the total $1,637,000 loan amount, the SBA guaranteed $1,227,750. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Discovery Point franchise. At the time of the loan, the company had 17 employees. The loan application indicated that the borrowed money would help create 17 new jobs. Getting an SBA Loan For Your Business SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer 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: Banking Deregulation's Effects on Entrepreneurship Best Banks in Livingston, New Jersey SBA Participating Banks in New Jersey
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