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May 6, 2024 |
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| Home > Small Business Lenders by State > Arizona Business Loan Sources > Hartford, Business Loans > Business Lenders, LLC Hartford Business Loans > The Ups Store 5310 Loan | ||||
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Gilbert, Arizona Bank Loan
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Borrow Money to Buy a The UPS Store FranchiseBorrowing money to invest in a UPS Store franchise? Business Lenders, LLC has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a The UPS Store franchise? If so, here's a 2005 SBA franchise loan that you should know about. Business Lenders, LLC was the lender and the entrepreneur was based in Gilbert, Arizona. SBA Loan Borrower THE UPS STORE 5310 SBA Loan Lender BUSINESS LENDERS, LLC This lender issued this particular commercial loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 561439 - Business Service Centers Loan Approval Date 2/23/2005 Loan Approval Gross Amount $115,000 Loan Approval from the SBA Of the total $115,000 loan amount, the SBA guaranteed $97,750. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a The UPS Store franchise. At the time of the loan, the company had only one employee. The loan application did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Role of Business Plan When Raising Money SBA Approved Banks in Hartford, Connecticut SBA Participating Banks in Connecticut
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