Borrow Money to Buy an American Express Financial Advisors Franchise

Borrowing money to invest in an American Express Financial Advisors franchise? Oak Bank has a history of making these loans and they are guaranteed by the SBA.

American Express Financial Advisors franchise loans are available to Madison, Wisconsin entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Oak Bank, based in Fitchburg, Wisconsin, issued an SBA franchise loan for an American Express Financial Advisors franchise in 2005. We've got all the details on this Wisconsin small business loan.

SBA Loan Borrower

AMERICAN EXPRESS FINANCIAL ADV
MADISON, WI 53717

SBA Loan Lender

OAK BANK
5951 MCKEE RD, STE 100
FITCHBURG, WI 53719

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

523930 - Investment Advice

Loan Approval Date

8/10/2005

Loan Approval Gross Amount

$56,700

Loan Approval from the SBA

Of the total $56,700 loan amount, the SBA guaranteed $48,195.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an American Express Financial Advisors franchise. At the time of the loan, the company had only one employee. This SBA loan request did not indicate that the small business promised to use the funding to increase staffing levels or retain any existing employees.

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

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Microlending as a Small Business Funding Source

SBA Approved Banks in Fitchburg, Wisconsin

Where to Get an SBA Loan Wisconsin