California Entrepreneur Secures Financing to Buy Help-U-Sell real Estate Franchise
Need a loan to purchase a Help-U-Sell real Estate franchise? Union Bank Of California has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Help-U-Sell real Estate franchise may simply require a phone call to a local SBA banker. In 2005, Union Bank Of California issued an SBA franchise loan to an entrepreneur in San Diego, California. Because Help-U-Sell real Estate was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis.
SBA Loan Borrower
HELP-U-SELL DISTINCTIVE HOMES
SAN DIEGO, CA 92120
SBA Loan Lender
UNION BANK OF CALIFORNIA
400 CALIFORNIA ST, 1ST FL
SAN FRANCISCO, CA 94104
This lender processed this SBA business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
531210 - Real Estate Agents and Brokers
Loan Approval Date
1/7/2005
Loan Approval Gross Amount
$20,000
Loan Approval from the SBA
Of the total $20,000 loan amount, the SBA guaranteed $10,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Help-U-Sell real Estate franchise. At the time of the loan, the company
had 4 employees. The SBA loan documents did not indicate that the business planned to use the money to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $20,000 loan. Remember, if it to be, it is up to me!
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:
Help-U-Sell Real Estate
The Art of Bootstrapping
Small Business Banks in San Francisco, California
Find an SBA Lender in California