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April 26, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Houston, Business Loans > Small Business Loan Source LLC Houston Business Loans > Fastsigns - 65201 Loan | ||||
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California Small Business Funding for Franchises
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Borrow Money to Buy a Fastsigns FranchiseNeed a loan to invest in a Fastsigns franchise? Small Business Loan Source LLC has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Culver City, California needed money to invest in a Fastsigns franchise back in 2007. Small Business Loan Source LLC issued an SBA franchise loan. Here are the details on this California small business loan. SBA Loan Borrower FASTSIGNS - 65201 SBA Loan Lender SMALL BUSINESS LOAN SOURCE LLC 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 339950 - Sign Manufacturing Loan Approval Date 3/7/2007 Loan Approval Gross Amount $226,000 Loan Approval from the SBA Of the total $226,000 loan amount, the SBA guaranteed $169,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Fastsigns franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the borrowed money would help create 1 new job. Start the Process for Getting an SBA Loan Today! Although it's called an SBA loan, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Small Business Loan Source LLC and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify! 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: Obtaining Funding From a Venture Capitalist SBA 7A Banks in Houston, Texas
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