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November 15, 2024 |
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| Home > Small Business Lenders by State > New Mexico Business Loan Sources > New York, Business Loans > Business Loan Center, LLC New York Business Loans > Days Inn Of Los Lunas Loan | ||||
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Where to Get a Small Business Loan to Purchase a Franchise
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Business Loan Center, LLC Provides SBA Loan to Buy Days Inn FranchiseNeed money to purchase a Days Inn franchise? Business Loan Center, LLC has a history of making these loans and they are guaranteed by the SBA. If you live near Los Lunas, New Mexico and are interested in buying a Days Inn franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2005 by Business Loan Center, LLC. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower DAYS INN OF LOS LUNAS SBA Loan Lender BUSINESS LOAN CENTER, LLC As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 721110 - Hotels and Motels Loan Approval Date 4/14/2005 Loan Approval Gross Amount $882,000 Loan Approval from the SBA Of the total $882,000 loan amount, the SBA guaranteed $661,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Days Inn franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs. Getting an SBA Loan For Your Business If you are wondering how to raise money for a business in Los Lunas NM, you ought to talk with a local Los Lunas SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Los Lunas businesses. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: Small Business Banks in New York, New York Getting a Business Loan in New York
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