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3 Replies Last post: Dec 11, 2008 11:33 PM by golfheaven

Thinking about an SBA loan? Let's Talk!

Dec 11, 2008 12:44 AM

Click to view NoBullFunding's profile Mogul NoBullFunding 278 posts since
Oct 6, 2008

If you are a small business that is seeking a real estate loan, or if you are considering buying a business, you should consider an SBA loan. For those who don't know what SBA loans are all about, the program was created for small businesses who can't qualify for conventional loans, so the SBA typcially guarantees 75% of the loan in order to get lenders to finance your business. The most common borrower we see has good personal credit, a business with good cash flow, but lacks the collateral that a regular bank wants to see.

If this sounds like something you may want to explore, please email me and we can figure out if an SBA loan would work for you! Nobullfunding@gmail.com
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Click to view letsgo1's profile Professional letsgo1 5 posts since
Nov 21, 2008
1. Re: Thinking about an SBA loan? Let's Talk! Dec 11, 2008 8:09 AM
Question? I am very interested in purchasing an " existing restaurant" that is doing well. I understand that I will have to do due diligence. My question is if the numbers look right, are the chances of getting a SBA loan increased?
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Click to view NoBullFunding's profile Mogul NoBullFunding 278 posts since
Oct 6, 2008
2. Re: Thinking about an SBA loan? Let's Talk! Dec 11, 2008 10:10 PM
in response to: letsgo1
Without knowing any specifics, yes, your chances of being approved will increase if the numbers are strong. Cash flow is always a major factor along with personal credit. Email me if you want me to take a quick look at the numbers.

Even if you aren't interested in my loan brokerage services, I also specialize in putting together comprehensive loan packages for lenders, which includes analysis of the financial statements, your personal credit report, and your personal finances, all of which a lender will want to see.
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Click to view golfheaven's profile Mogul golfheaven 159 posts since
Jul 15, 2008
3. Re: Thinking about an SBA loan? Let's Talk! Dec 12, 2008 12:31 AM

Hello: I was wandering if in today's financial turmoil if the SBA is still funding start up's. I will give you a call to discuss.
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