 |
 |
April 18, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Colorado Business Loan Sources > New York, Business Loans > Newtek Small Business Finance Inc. New York Business Loans > Help-U-Sell Heritage Homes Loan | ||||
 |
||||
Where to Get an SBA Loan to Purchase a Franchise
|
||||
 |
Highlands Ranch, CO Entrepreneur Gets SBA Loan to Buy Help-U-Sell real Estate FranchiseNeed a loan to purchase a Help-U-Sell real Estate franchise? Newtek Small Business Finance Inc. has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Help-U-Sell real Estate franchise? If so, here's a 2004 SBA franchise loan that you should know about. Newtek Small Business Finance Inc. was the lender and the entrepreneur was based in Highlands Ranch, Colorado. SBA Loan Borrower HELP-U-SELL HERITAGE HOMES SBA Loan Lender NEWTEK SMALL BUSINESS FINANCE INC. This was a Low Documentation SBA loan. The SBA launched this program to minimize the paperwork associated with appliying for an SBA loan . The low-doc program requires 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 531210 - Real Estate Agents and Brokers Loan Approval Date 9/16/2004 Loan Approval Gross Amount $75,000 Loan Approval from the SBA Of the total $75,000 loan amount, the SBA guaranteed $63,750. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Help-U-Sell real Estate franchise. At the time of the loan, the company had 4 employees. The SBA loan documents did not indicate that the small business planned to use the money to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. We can help you find the best banks for small businesses in Highlands Ranch or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Raising VC Money for Social Networking Companies SBA Approved Banks in New York, New York
|
|
||
|
||||
|
|
||||