Loan to Buy Business Cards Tomorrow Franchise Issued By Banco Popular North America

Borrowing money to purchase a Business Cards Tomorrow franchise? Banco Popular North America has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Business Cards Tomorrow franchise shouldn't be too tough. In 2006, Banco Popular North America issued an SBA franchise loan to an entrepreneur in Phoenix, Arizona. Because Business Cards Tomorrow was registered with the SBA's registry of franchises, this Arizona small business loan was issued on an expedited basis.

SBA Loan Borrower

BUSINESS CARDS TOMORROW
PHOENIX, AZ 65017

SBA Loan Lender

BANCO POPULAR NORTH AMERICA
7 W 51ST ST, BETWEEN 5TH & 6T
NEW YORK CITY, NY 10019

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

323110 - Commercial Lithographic Printing

Loan Approval Date

6/14/2006

Loan Approval Gross Amount

$466,000

Loan Approval from the SBA

Of the total $466,000 loan amount, the SBA guaranteed $349,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Business Cards Tomorrow franchise. At the time of the loan, the company had 17 employees. This SBA loan request indicated that the loan would help retain 17 existing jobs.

Getting an SBA Loan For Your Business

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

We can help you find the best banks for small businesses in Phoenix or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Business Cards Tomorrow, Inc.

Family and Friend Investors - Your First Financiers

SBA Banks in New York City, New York

Getting an SBA Loan in New York