Loan to Buy Assist 2 Sell Discount Realty Franchise Issued By Wells Fargo Bank
Borrowing money to invest in an Assist 2 Sell Discount Realty franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.
If you live near Oceanside, California and are interested in buying an Assist 2 Sell Discount Realty franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2003 by Wells Fargo Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.
SBA Loan Borrower
BUYERS AND SELLERS REALTY
OCEANSIDE, CA 92056
SBA Loan Lender
WELLS FARGO BANK
121 PARK CENTER PLZ
SAN JOSE, CA 95113
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
531210 - Real Estate Agents and Brokers
Loan Approval Date
4/17/2003
Loan Approval Gross Amount
$46,900
Loan Approval from the SBA
Of the total $46,900 loan amount, the SBA guaranteed $39,865.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy an Assist 2 Sell Discount Realty franchise. At the time of the loan, the company
had only one employee. This SBA loan request indicated that the loan would help retain 1 existing job.
Getting an SBA Loan For Your Business
If you need money to start a business or need money for an existing business, an SBA loan can be a great way to raise money
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Wells Fargo Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Wells Fargo Bank 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.
Related Links:
Assist-2-Sell
Alternative Financing
Best San Jose, California Banks for Small Business
Getting an SBA Loan in California