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November 22, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > New York, Business Loans > Newtek Small Business Finance Inc. New York Business Loans > Visiting Angels Of Riverside C Loan | ||||
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I Need a Business Loan to Buy a Franchise in Ripley, California
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California Entrepreneur Secures Financing to Buy Visiting Angels FranchiseNeed money to buy a Visiting Angels franchise? Newtek Small Business Finance Inc. has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Ripley, California needed money to invest in a Visiting Angels franchise back in 2004. Newtek Small Business Finance Inc. issued an SBA franchise loan. Here are the details on this California small business loan. SBA Loan Borrower VISITING ANGELS OF RIVERSIDE C SBA Loan Lender NEWTEK SMALL BUSINESS FINANCE INC. This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 624120 - Services for the Elderly and Persons with Disabilities Loan Approval Date 5/11/2004 Loan Approval Gross Amount $35,000 Loan Approval from the SBA Of the total $35,000 loan amount, the SBA guaranteed $17,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Visiting Angels franchise. At the time of the loan, the company had 3 employees. This SBA loan request indicated that the borrowed money would help create 13 new jobs. Start the Process for Getting an SBA Loan Today! Many small businesses receive loans backed by the U.S. Small Business Administration. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Newtek Small Business Finance Inc. and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify! 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: Raising VC Money for Social Networking Companies Getting an SBA Loan in New York
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