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| Entrepreneur Resources | Plainscapital Bank Lubbock Business Loans | ||||
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Lubbock Bank Loan
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Lubbock, Texas Lender Lends Money to Veritas Building Consultants, LLCFind Lubbock, Texas banks that specialize in small business loans and know how to work with entrepreneurs. Plainscapital Bank is one such bank, as evidenced by this SBA loan to Veritas Building Consultants, LLC.
Finding a small business loan in Austin, Texas starts with an understanding of who else has gotten loans in the area. In this case, Veritas Building Consultants, LLC received funding from Plainscapital Bank Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower VERITAS BUILDING CONSULTANTS, LLC SBA Loan Lender PLAINSCAPITAL BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 541350 - Building Inspection Services Loan Approval Date 12/3/2007 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. More Information on This SBA Loan The borrower, Veritas Building Consultants, LLC, borrowed this money for a new business. The SBA's record indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 4 existing jobs. Getting an SBA Loan For Your Business SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. 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 Plainscapital Bank 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 SBA loan database. Related Links: Realistic Debt Financing Options Small Business Banks in Lubbock, Texas If you are an ambitious entrepreneur or an aspiring executive looking to get involved with a startup, please take the time to learn more about Gaebler Ventures.
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