Loan to Buy Premier Rental Purchase Franchise Issued By Legends Bank

Need money to invest in a Premier Rental Purchase franchise? Legends Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Premier Rental Purchase franchise is doable. In 2006, Legends Bank issued an SBA franchise loan to an entrepreneur in Clarksville, Tennessee. Because Premier Rental Purchase was registered with the SBA's registry of franchises, this Tennessee small business loan was issued on an expedited basis.

SBA Loan Borrower

PREMIER RENTAL PURCHASE
CLARKSVILLE, TN 37042

SBA Loan Lender

LEGENDS BANK
310 N FIRST ST
CLARKSVILLE, TN 37040

This SBA small business loan was issued under the SBA's Certified Lenders Program (CLP), which means that this bank has a successful SBA lending track record and a thorough understanding of SBA loan requirements.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7359 - Equipment Rental and Leasing

NAICS Code

532210 - Consumer Electronics and Appliances Rental

Loan Approval Date

10/26/2006

Loan Approval Gross Amount

$440,000

Loan Approval from the SBA

Of the total $440,000 loan amount, the SBA guaranteed $330,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Premier Rental Purchase 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 generate 5 new jobs.

Great, But How Can I Get an SBA Loan for My Business?

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

We can help you find the best banks for small businesses in Clarksville or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Premier Rental Purchase

Accountant's Role in Securing Financing

SBA 7A Banks for Clarksville, Tennessee Loans

Where to Get an SBA Loan Tennessee