Entrepreneur Secures Financing to Buy Avis Rent-A-Car Franchise

Need a loan to invest in an Avis Rent-A-Car franchise? Citizens Security Bank (guam) In has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy an Avis Rent-A-Car franchise shouldn't be overly burdensome. In 2001, Citizens Security Bank (guam) In issued an SBA franchise loan to an entrepreneur in Tamuning, . Because Avis Rent-A-Car was registered with the SBA's registry of franchises, this small business loan was issued on an expedited basis.

SBA Loan Borrower

AVIS RENT-A CAR
TAMUNING, GU 96913

SBA Loan Lender

CITIZENS SECURITY BANK (GUAM) IN
424 W O'BRIEN DR, 114 JULALE
AGANA, GU 96910

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

532111 - Passenger Car Rental

Loan Approval Date

8/15/2001

Loan Approval Gross Amount

$109,000

Loan Approval from the SBA

Of the total $109,000 loan amount, the SBA guaranteed $92,650.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy an Avis Rent-A-Car franchise. At the time of the loan, the company had 22 employees. The loan application did not indicate that the small business promised to use the funding to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

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 Citizens Security Bank (guam) In 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:

Financing Your Business