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| Entrepreneur Resources | Wells Fargo Bank Austin Business Loans | ||||
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Where to Get a Small Business Loan to Purchase a Franchise
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Borrow Money to Buy an Aero Colours FranchiseNeed a loan to buy an Aero Colours franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy an Aero Colours franchise is doable. In 2002, Wells Fargo Bank issued an SBA franchise loan to an entrepreneur in Houston, Texas. Because Aero Colours was registered with the SBA's registry of franchises, this Texas small business loan was issued on an expedited basis. SBA Loan Borrower AERO-COLOURS SBA Loan Lender WELLS FARGO 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 811118 - Other Automotive Mechanical and Electrical Repair and Maintenance Loan Approval Date 3/26/2002 Loan Approval Gross Amount $196,000 Loan Approval from the SBA Of the total $196,000 loan amount, the SBA guaranteed $147,000. More Information on This SBA Loan The borrower, Aero-Colours, borrowed this money for a new business. This loan was used to buy an Aero Colours franchise. At the time of the loan, the company had 4 employees. This SBA loan request indicated that the loan would help generate 5 new jobs and retain 4 existing jobs. Getting an SBA Loan For Your Business SBA loans provide smart, affordable business financing for small businesses looking to expand. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Wells Fargo Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you. About This SBA Loan Information: All SBA loan data displayed above comes from the government's SBA loan database. Related Links: Accountant's Role in Securing Financing SBA Participating Banks in Austin, Texas Getting a Business Loan in 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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