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November 21, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Livingston, Business Loans > Cit Small Business Lending Corp Livingston Business Loans > Passenger Car Leasing Loan | ||||
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We Needed a Business Loan in Addison, Texas and We Got One!
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Where to Get Capital for Passenger Car LeasingLooking for small business loans for passenger car leasing? An SBA loan may be just what you've been looking for. This $725,000 passenger car leasing loan was issued by a New Jersey bank. Getting a small business loan in Addison, Texas was important for this company back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Cit Small Business Lending Corp, operating out of Livingston, New Jersey. Here are the details on this Texas small business loan. SBA Loan Borrower COMPANY TYPE: PASSENGER CAR LEASING SBA Loan Lender CIT SMALL BUSINESS LENDING CORP This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 532112 - Passenger Car Leasing Loan Approval Date 12/28/2001 Loan Approval Gross Amount $725,000 Loan Approval from the SBA Of the total $725,000 loan amount, the SBA guaranteed $543,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 20 employees. The loan application indicated that the loan would help retain 20 existing jobs. Start the Process for Getting an SBA Loan Today! SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. We've showcased information on this loan to let you know that businesses like yours 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. Related Links: SBA Participating Banks in Livingston, New Jersey
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