Borrow Money to Buy a Speedy Sign-O-Rama Franchise
Borrowing money to purchase a Speedy Sign-O-Rama franchise? Cit Small Business Lending Corp has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Speedy Sign-O-Rama franchise requires some effort but others before you have been successful. In 2000, Cit Small Business Lending Corp issued an SBA franchise loan to an entrepreneur in Phoenix, Arizona. Because Speedy Sign-O-Rama was registered with the SBA's registry of franchises, this Arizona small business loan was issued on an expedited basis.
SBA Loan Borrower
SIGN*A*RAMA
PHOENIX, AZ 85021
SBA Loan Lender
CIT SMALL BUSINESS LENDING CORP
1 CIT DRIVE
LIVINGSTON, NJ 07039
This lender provides SBA guaranteed business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7336 - Commercial Art and Graphic Design
NAICS Code
541430 - Graphic Design Services
Loan Approval Date
4/6/2000
Loan Approval Gross Amount
$131,000
Loan Approval from the SBA
Of the total $131,000 loan amount, the SBA guaranteed $98,250.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Speedy Sign-O-Rama franchise. At the time of the loan, the company
had 2 employees. This SBA loan request indicated that the loan would help retain 2 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.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Cit Small Business Lending Corp are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.
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 Business Loan
SBA Participating Banks in Livingston, New Jersey
SBA Lenders in New Jersey