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November 21, 2024 |
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| Home > Small Business Lenders by State > New Jersey Business Loan Sources > Irving, Business Loans > Citicapital Small Business Finance Irving Business Loans > Authorized Distributor Matco T Loan | ||||
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Raising Money in Pennsville, New Jersey With SBA Loans
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Citicapital Small Business Finance Provides SBA Loan to Buy Matco Tools rent Tools FranchiseBorrowing money to invest in a Matco Tools rent Tools franchise? Citicapital Small Business Finance has a history of making these loans and they are guaranteed by the SBA. If you live near Pennsville, New Jersey and are interested in buying a Matco Tools rent Tools franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2000 by Citicapital Small Business Finance. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower AUTHORIZED DISTRIBUTOR MATCO T SBA Loan Lender CITICAPITAL SMALL BUSINESS FINANCE The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide bank loans to to our country's hard-working small business owners. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5251 - Hardware Stores NAICS Code 444130 - Hardware Stores Loan Approval Date 7/20/2000 Loan Approval Gross Amount $48,200 Loan Approval from the SBA Of the total $48,200 loan amount, the SBA guaranteed $38,560. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Matco Tools rent Tools franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the funding to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. 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 Citicapital Small Business Finance 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: Banking Deregulation's Effects on Entrepreneurship SBA 7A Banks for Irving, Texas Loans
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