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April 26, 2024 |
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| Home > Small Business Lenders by State > South Carolina Business Loan Sources > Livingston, Business Loans > Cit Small Business Lending Corp Livingston Business Loans > Fast Signs Of Charleston Sc Loan | ||||
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Where to Get a Small Business Loan to Purchase a Franchise
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Cit Small Business Lending Corp Provides SBA Loan to Buy Fastsigns FranchiseNeed a loan to invest in a Fastsigns franchise? Cit Small Business Lending Corp has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Charleston, South Carolina needed money to invest in a Fastsigns franchise back in 2001. Cit Small Business Lending Corp issued an SBA franchise loan. Here are the details on this South Carolina small business loan. SBA Loan Borrower FAST SIGNS OF CHARLESTON SC SBA Loan Lender CIT SMALL BUSINESS LENDING CORP This lender provides SBA bank 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 339950 - Sign Manufacturing Loan Approval Date 7/23/2001 Loan Approval Gross Amount $392,000 Loan Approval from the SBA Of the total $392,000 loan amount, the SBA guaranteed $294,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Fastsigns franchise. At the time of the loan, the company had 7 employees. The loan application indicated that the loan would help retain 7 existing jobs. Getting an SBA Loan For Your Business If you need business start up money in Charleston SC, you ought to talk with a local Charleston SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Charleston businesses. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $392,000 loan. Remember, where there is a will, there is a way! 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: Determining Proper Capital Structure for a Business Who Lends Money to Small Businesses in Livingston, New Jersey SBA Participating Banks in New Jersey
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