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April 26, 2024 |
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| Home > Small Business Lenders by State > Arkansas Business Loan Sources > Little Rock, Business Loans > Arkansas Capital Corporation Little Rock Business Loans > Liberty Tax Service Loan | ||||
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How to Get SBA Loans in Little Rock, Arkansas
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Loan to Buy Liberty Tax Service Franchise Issued By Arkansas Capital CorporationNeed money to invest in a Liberty Tax Service franchise? Arkansas Capital Corporation has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Liberty Tax Service franchise may simply require a phone call to a local SBA banker. In 2004, Arkansas Capital Corporation issued an SBA franchise loan to an entrepreneur in Little Rock, Arkansas. Because Liberty Tax Service was registered with the SBA's registry of franchises, this Arkansas small business loan was issued on an expedited basis. SBA Loan Borrower LIBERTY TAX SERVICE SBA Loan Lender ARKANSAS CAPITAL CORPORATION This SBA bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 541211 - Certified Public Accountants Loan Approval Date 12/14/2004 Loan Approval Gross Amount $52,000 Loan Approval from the SBA Of the total $52,000 loan amount, the SBA guaranteed $26,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Liberty Tax Service franchise. At the time of the loan, the company had 3 employees. This SBA loan request indicated that the borrowed money would help create 1 new job. Getting an SBA Loan For Your Business Remember, 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. 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 $52,000 loan. Remember, things become real when you believe you can achieve them! 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: Good Banks for Small Business in Little Rock, Arkansas
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