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April 29, 2024 |
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| Home > Small Business Lenders by State > Arizona Business Loan Sources > St. Louis, Business Loans > Ge Cap. Small Business Finan Corp St. Louis Business Loans > Matco Tools Loan | ||||
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I Need an SBA Loan to Buy a Franchise in Mesa, Arizona
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Ge Cap. Small Business Finan Corp Provides SBA Loan to Buy Matco Tools rent Tools FranchiseNeed a loan to purchase a Matco Tools rent Tools franchise? Ge Cap. Small Business Finan Corp has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Matco Tools rent Tools franchise? If so, here's a 2003 SBA franchise loan that you should know about. Ge Cap. Small Business Finan Corp was the lender and the entrepreneur was based in Mesa, Arizona. SBA Loan Borrower MATCO TOOLS SBA Loan Lender GE CAP. SMALL BUSINESS FINAN CORP This lender provides SBA guaranteed business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 454390 - Direct Selling Establishments Loan Approval Date 3/25/2003 Loan Approval Gross Amount $138,900 Loan Approval from the SBA Of the total $138,900 loan amount, the SBA guaranteed $118,065. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Matco Tools rent Tools franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs. Great, But How Can I Get an SBA Loan for My 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. While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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: The Friends and Family Network
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