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May 1, 2024 |
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| Home > Small Business Lenders by State > North Carolina Business Loan Sources > Houston, Business Loans > Small Business Loan Source LLC Houston Business Loans > Newfx, Ltd Loan | ||||
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Where Can I Find Franchise Loans in Statesville, North Carolina?
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Borrow Money to Buy an Allegra Print FranchiseBorrowing money to buy an Allegra Print franchise? Small Business Loan Source LLC has a history of making these loans and they are guaranteed by the SBA. Getting money to buy an Allegra Print franchise may simply require a phone call to a local SBA banker. In 2007, Small Business Loan Source LLC issued an SBA franchise loan to an entrepreneur in Statesville, North Carolina. Because Allegra Print was registered with the SBA's registry of franchises, this North Carolina small business loan was issued on an expedited basis. SBA Loan Borrower NEWFX, LTD SBA Loan Lender SMALL BUSINESS LOAN SOURCE LLC This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 323119 - Commercial Printing Loan Approval Date 10/30/2007 Loan Approval Gross Amount $345,000 Loan Approval from the SBA Of the total $345,000 loan amount, the SBA guaranteed $258,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy an Allegra Print franchise. At the time of the loan, the company had 5 employees. The SBA loan documents indicated that the loan would help retain 5 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. 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 $345,000 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: SBA 7A Banks for Houston, Texas Loans
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