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November 15, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Winter Park, Business Loans > Bankfirst Winter Park Business Loans > Clix Portrait Studios Loan | ||||
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Florida Small Business Funding for Franchises
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Borrow Money to Buy a Clix FranchiseNeed a loan to purchase a Clix franchise? Bankfirst has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Clix franchise requires some effort but others before you have been successful. In 2007, Bankfirst issued an SBA franchise loan to an entrepreneur in Montverde, Florida. Because Clix was registered with the SBA's registry of franchises, this Florida small business loan was issued on an expedited basis. SBA Loan Borrower CLIX PORTRAIT STUDIOS SBA Loan Lender BANKFIRST 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 541921 - Photography Studios, Portrait Loan Approval Date 9/21/2007 Loan Approval Gross Amount $295,000 Loan Approval from the SBA Of the total $295,000 loan amount, the SBA guaranteed $221,250. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Clix franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the funding would help generate 8 new jobs. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Bankfirst and they will explain how you can get an SBA loan for your company. 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: Determining Proper Capital Structure for a Business SBA 7A Banks for Winter Park, Florida Loans
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