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| Entrepreneur Resources | Cit Small Business Lending Corp Livingston Business Loans | ||||
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Loans to Buy a Franchise in Florida
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Miami, FL Entrepreneur Gets SBA Loan to Buy Haagen-Dazs Ice Cream FranchiseNeed a loan to purchase a Haagen-Dazs Ice Cream franchise? Cit Small Business Lending Corp has a history of making these loans and they are guaranteed by the SBA.
If you live near Miami, Florida and are interested in buying a Haagen-Dazs Ice Cream franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2004 by Cit Small Business Lending Corp. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower HAAGEN DAZS ICE CREAM SBA Loan Lender CIT SMALL BUSINESS LENDING CORP 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 445292 - Confectionery and Nut Stores Loan Approval Date 5/24/2004 Loan Approval Gross Amount $232,000 Loan Approval from the SBA Of the total $232,000 loan amount, the SBA guaranteed $174,000. More Information on This SBA Loan The borrower, Haagen Dazs Ice Cream, borrowed this money for an existing business. This loan was used to buy a Haagen-Dazs Ice Cream franchise. At the time of the loan, the company had 6 employees. The SBA loan application for the borrower indicated that the funding would help generate 6 new jobs. This loan was paid in full, and was closed out on 3/30/2007. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide smart, affordable business financing for small businesses looking to expand. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like Haagen Dazs Ice Cream did when it applied for and received this $232,000 loan. Remember, if it to be, it is up to me! About This SBA Loan Information: All SBA loan data displayed above comes from the government's SBA loan database. Related Links: Determining Proper Capital Structure for a Business Best Livingston, New Jersey Banks for Small Business 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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