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May 3, 2024  
 
 
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Advice for Financing a Franchise

 

 
Loan Census SBA Loan Info

Missouri Entrepreneur Secures Financing to Buy Assist 2 Sell Discount Realty Franchise

Need money to buy an Assist 2 Sell Discount Realty franchise? Liberty Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy an Assist 2 Sell Discount Realty franchise? If so, here's a 2006 SBA franchise loan that you should know about. Liberty Bank was the lender and the entrepreneur was based in Springfield, Missouri.

SBA Loan Borrower

ASSIST 2 SELL
SPRINGFIELD, MO 65804

SBA Loan Lender

LIBERTY BANK
1414 E PRIMROSE
SPRINGFIELD, MO 65804

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

531210 - Real Estate Agents and Brokers

Loan Approval Date

12/1/2006

Loan Approval Gross Amount

$200,000

Loan Approval from the SBA

Of the total $200,000 loan amount, the SBA guaranteed $150,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy an Assist 2 Sell Discount Realty franchise. At the time of the loan, the company had 5 employees. The SBA loan application for the borrower indicated that the loan would help retain 5 existing jobs.

Getting an SBA Loan For Your Business

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.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Liberty Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Assist-2-Sell

Business Incubators

Best Banks for Small Business in Springfield, Missouri

Missouri SBA 7A Lenders