 |
 |
May 1, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Nevada Business Loan Sources > Las Vegas, Business Loans > Community Bank Of Nevada Las Vegas Business Loans > Post Net Express Loan | ||||
 |
||||
Best Banks for Franchise Loans in Nevada
|
||||
 |
Nevada Entrepreneur Secures Financing to Buy Post Net FranchiseBorrowing money to buy a Post Net franchise? Community Bank Of Nevada has a history of making these loans and they are guaranteed by the SBA. Post Net franchise loans are available to Henderson, Nevada entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Community Bank Of Nevada, based in Las Vegas, Nevada, issued an SBA franchise loan for a Post Net franchise in 2002. We've got all the details on this Nevada small business loan. SBA Loan Borrower POST NET EXPRESS SBA Loan Lender COMMUNITY BANK OF NEVADA This was a Low Documentation SBA loan. The SBA created this program to minimize the paperwork associated with getting a loan . The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 561431 - Private Mail Centers Loan Approval Date 10/11/2002 Loan Approval Gross Amount $53,400 Loan Approval from the SBA Of the total $53,400 loan amount, the SBA guaranteed $45,390. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Post Net franchise. At the time of the loan, the company had 2 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the loan proceeds to hire new employees or retain any existing employees. 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. There are SBA loan fees that may apply. SBA lenders must pay the SBA a guaranty fee of 1% to 3.5% of guaranteed amount. The SBA will also make the lender pay annual fees amounting to 0.25% of the loan's outstanding balance. The lender is allowed by law to pass these fees to the borrower. Still, as most small businesses know, these fees are minimal compared to the potential of what capital can do for a business. So, what are you waiting for? Get in touch with an SBA lending bank today! 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: PostNet Postal & Business Services Determining Proper Capital Structure for a Business Best Las Vegas, Nevada Banks for Small Business SBA Participating Banks in Nevada
|
|
||
|
||||
|
|
||||