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April 25, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Syracuse, Business Loans > Alliance Bank Syracuse Business Loans > Novus Auto Care Loan | ||||
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Where to Get a Bank Loan to Purchase a Franchise
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Alliance Bank Provides SBA Loan to Buy Novus Windshield Repair FranchiseNeed money to purchase a Novus Windshield Repair franchise? Alliance Bank has a history of making these loans and they are guaranteed by the SBA. Novus Windshield Repair franchise loans are available to Sherrill, New York entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Alliance Bank, based in Syracuse, New York, issued an SBA franchise loan for a Novus Windshield Repair franchise in 2001. We've got all the details on this New York small business loan. SBA Loan Borrower NOVUS AUTO CARE SBA Loan Lender ALLIANCE BANK This lender issued this particular loan for a small business under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7536 - Automotive Glass Replacement Shops NAICS Code 811122 - Automotive Glass Replacement Shops Loan Approval Date 10/26/2001 Loan Approval Gross Amount $60,000 Loan Approval from the SBA Of the total $60,000 loan amount, the SBA guaranteed $51,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Novus Windshield Repair franchise. At the time of the loan, the company had 2 employees. This SBA loan request did not indicate that the company promised to use the funding to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. 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 $60,000 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: Good Banks for Small Business in Syracuse, New York
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