Virginia Entrepreneur Secures Financing to Buy Help-U-Sell real Estate Franchise

Need money to invest in a Help-U-Sell real Estate franchise? First Capital Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Help-U-Sell real Estate franchise may simply require a phone call to a local SBA banker. In 2006, First Capital Bank issued an SBA franchise loan to an entrepreneur in Midlothian, Virginia. Because Help-U-Sell real Estate was registered with the SBA's registry of franchises, this Virginia small business loan was issued on an expedited basis.

SBA Loan Borrower

HELP-U-SELL BUYERS CHOICE
MIDLOTHIAN, VA 23113

SBA Loan Lender

FIRST CAPITAL BANK
4222 COX RD
GLEN ALLEN, VA 23060

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

531210 - Real Estate Agents and Brokers

Loan Approval Date

10/31/2006

Loan Approval Gross Amount

$30,000

Loan Approval from the SBA

Of the total $30,000 loan amount, the SBA guaranteed $15,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Help-U-Sell real Estate franchise. At the time of the loan, the company had 3 employees. This SBA loan request indicated that the funding would help generate 10 new jobs.

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

SBA loans provide money to small business owners for working capital for other expenses.

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:

Help-U-Sell Real Estate

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