Loan to Buy Women's Health Boutique Franchise Issued By Citicapital Small Business Finance
Need a loan to invest in a Women's Health Boutique franchise? Citicapital Small Business Finance has a history of making these loans and they are guaranteed by the SBA.
If you live near Torrance, California and are interested in buying a Women's Health Boutique franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2000 by Citicapital Small Business Finance. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.
SBA Loan Borrower
WOMEN'S HEALTH BOUTIQUE
TORRANCE, CA 90504
SBA Loan Lender
CITICAPITAL SMALL BUSINESS FINANCE
250 E CARPENTER FRWY, STE 115
IRVING, TX 75062
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
5999 - Retail Stores
Loan Approval Date
Loan Approval Gross Amount
Loan Approval from the SBA
Of the total $183,000 loan amount, the SBA guaranteed $137,250.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Women's Health Boutique franchise. At the time of the loan, the company
had only one employee. The SBA loan documents indicated that the funding would help generate 2 new jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
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.
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