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November 15, 2024 |
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| Home > Small Business Lenders by State > Utah Business Loan Sources > Livingston, Business Loans > Cit Small Business Lending Corp Livingston Business Loans > Alphagraphics #532 Loan | ||||
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Tips for Borrowing Money to Buy a Franchise
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Borrow Money to Buy an Alphagrafics, Printshops Of The Futu FranchiseBorrowing money to buy an Alphagrafics, Printshops Of The Futu franchise? Cit Small Business Lending Corp has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy an Alphagrafics, Printshops Of The Futu franchise? If so, here's a 2002 SBA franchise loan that you should know about. Cit Small Business Lending Corp was the lender and the entrepreneur was based in Orem, Utah. SBA Loan Borrower ALPHAGRAPHICS #532 SBA Loan Lender CIT SMALL BUSINESS LENDING CORP This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 561439 - Business Service Centers Loan Approval Date 9/23/2002 Loan Approval Gross Amount $518,000 Loan Approval from the SBA Of the total $518,000 loan amount, the SBA guaranteed $388,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy an Alphagrafics, Printshops Of The Futu franchise. At the time of the loan, the company had 6 employees. The SBA loan application for the borrower indicated that the loan would help retain 6 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Although it's called an SBA loan, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Small Bank Loans in Livingston, New Jersey
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