Borrow Money to Buy a Thrifty Rent-A-Car Franchise

Borrowing money to purchase a Thrifty Rent-A-Car franchise? Citizens Security Bank (guam) In has a history of making these loans and they are guaranteed by the SBA.

If you live near Tamuning, and are interested in buying a Thrifty Rent-A-Car franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2003 by Citizens Security Bank (guam) In. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

THRIFTY CAR RENTAL
TAMUNING, GU 96913

SBA Loan Lender

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

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

532111 - Passenger Car Rental

Loan Approval Date

12/2/2003

Loan Approval Gross Amount

$116,200

Loan Approval from the SBA

Of the total $116,200 loan amount, the SBA guaranteed $98,770.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Thrifty Rent-A-Car franchise. At the time of the loan, the company had 17 employees. The loan application did not indicate that the company promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer 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:

Thrifty Rental Cars

Direct Public Offerings