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April 26, 2024 |
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| Home > Small Business Lenders by State > Virginia Business Loan Sources > Glen Allen, Business Loans > First Capital Bank Glen Allen Business Loans > Help-U-Sell Buyers Choice Loan | ||||
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Advice for Getting a Franchise Loan
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Borrow Money to Buy a Help-U-Sell real Estate FranchiseNeed money to invest in a Help-U-Sell real Estate franchise? First Capital Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Midlothian, Virginia needed money to invest in a Help-U-Sell real Estate franchise back in 2006. First Capital Bank issued an SBA franchise loan. Here are the details on this Virginia small business loan. SBA Loan Borrower HELP-U-SELL BUYERS CHOICE SBA Loan Lender FIRST CAPITAL BANK This lender processed this small business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. 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 531210 - Real Estate Agents and Brokers Loan Approval Date 10/31/2006 Loan Approval Gross Amount $20,000 Loan Approval from the SBA Of the total $20,000 loan amount, the SBA guaranteed $10,000. 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 3 employees. This SBA loan request indicated that the borrowed money would help create 10 new jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide smart, affordable business financing for small businesses looking to expand. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $20,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Small Business Banks in Glen Allen, Virginia
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