Jul 15, 2019 | SBA Loans, Success Stories
This scenario was not easy due to the fact the prior year was the first tax return in which this hair restoration practice showed a profit. There were also some tax liabilities from prior years that we had to deal with. He also did not have very good liquidity so we...
Mar 11, 2019 | SBA Loans, Success Stories
In the 1970’s Ken Wojcicki started his hot dog stand. He opened early that day in the morning and thought he was going to sell some coffee and danishes, but his first order was a polish sausage and fries…only in Chicago! 40 years later he is finally hanging up the...
Oct 11, 2015 | SBA Loans, Success Stories
Using our extensive knowledge of Advanced Credit Analysis, we were able to uncover the true cash flow value of this laundromat in order for a lender to approve the acquisition loan. We were able to recast their expenses and capitalize on them. This allowed us to...
Oct 7, 2015 | SBA Loans, Success Stories
A buyer was interested in purchasing a small business, a maid service in Florida, and needed a loan, but was turned down multiple times by the banks. This small business consisted of a few vehicles, cleaning supplies and a client list. The banks were not interested in...
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...