Sep 22, 2015 | SBA Loans, Success Stories
This loan was approved for the start-up of an independent restaurant with some working capital. Now they are OPEN for business in the suburbs of Chicago. SBA 7a loan program 70% loan to cost $288,000 loan amount 10 year term 10 year amortization Variable rate 6%...
Sep 22, 2015 | SBA Loans, Success Stories
This Family Restaurant’s Bank Had Been Bought Out And The New Bank Said NO RESTAURANTS! What To Do Now? They had been to four major banks who all turned them down for refinancing! At this point they thought they were going to lose their business that had been...
Aug 11, 2015 | SBA Loans, Success Stories
The buyer had been working at this chiropractic practice for the past year. The seller’s wife was diagnosed with cancer and wanted to sell. The borrower had a negative $200K net worth due to student loans, 650 credit score, and did not own a home. The wife worked...
Aug 11, 2015 | SBA Loans, Success Stories
Liquor Store Purchase (buying out the other 50% partner) which was a relative and they had two different ideas of how to run the business. The business had only been open for two years. We were able to use the money he had originally put into the business as the...