Business Loans for Telemarketing Bureaus and Contact Centers
With these business loans for telemarketing bureaus and contact centers, the SBA guarantees the lender that the loan will be repaid. This telemarketing bureaus and contact centers loan for $5,000 was given to a California entrepreneur in 2003.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Lancaster, California was able to borrow $5,000 from Innovative Bank. The SBA made the loan possible by guaranteeing $4,250 of this California small business loan.
SBA Loan Borrower
COMPANY TYPE: TELEMARKETING BUREAUS AND CONTACT CENTERS
LANCASTER, CA 93535
SBA Loan Lender
INNOVATIVE BANK
360 14TH ST
OAKLAND, CA 94612
This lender issued this debt financing under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
561422 - Telemarketing Bureaus and Contact Centers
Loan Approval Date
8/1/2003
Loan Approval Gross Amount
$5,000
Loan Approval from the SBA
Of the total $5,000 loan amount, the SBA guaranteed $4,250.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job.
Getting an SBA Loan For Your Business
If you need money to start a business or need money to grow a business, an SBA loan can be a great way to raise money
We can help you find the best banks for small businesses in Lancaster 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:
Business Cash Advances
SBA Approved Banks in Oakland, California
Where to Get an SBA Loan California