Georgia Entrepreneur Secures Financing to Buy United Check Cashing,Inc. Franchise
Borrowing money to buy an United Check Cashing,Inc. franchise? Business Lenders, LLC has a history of making these loans and they are guaranteed by the SBA.
United Check Cashing,Inc. franchise loans are available to Marietta, Georgia entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Business Lenders, LLC, based in Hartford, Connecticut, issued an SBA franchise loan for an United Check Cashing,Inc. franchise in 2001. We've got all the details on this Georgia small business loan.
SBA Loan Borrower
UNITED CHECK CASHING
MARIETTA, GA 30008
SBA Loan Lender
BUSINESS LENDERS, LLC
50 STATE HOUSE SQUARE 5TH FL
HARTFORD, CT 06103
This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7299 - Personal Services
NAICS Code
531311 - Residential Property Managers
Loan Approval Date
8/16/2001
Loan Approval Gross Amount
$117,500
Loan Approval from the SBA
Of the total $117,500 loan amount, the SBA guaranteed $99,875.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy an United Check Cashing,Inc. franchise. At the time of the loan, the company
had 3 employees. The SBA loan documents did not indicate that the business planned to use the funding to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans provide money to small business owners for working capital for other expenses.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Business Lenders, LLC had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Business Lenders, LLC made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
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.
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