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| Entrepreneur Resources | Arkansas Valley State Bank Broken Arrow Business Loans | ||||
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Advice for Borrowing Money to Buy a Franchise
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Oklahoma Entrepreneur Secures Financing to Buy Cartridge World Stores FranchiseNeed a loan to buy a Cartridge World Stores franchise? Arkansas Valley State Bank has a history of making these loans and they are guaranteed by the SBA.
If you live near Tulsa, Oklahoma and are interested in buying a Cartridge World Stores franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2004 by Arkansas Valley State Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower CARTRIDGE WORLD SBA Loan Lender ARKANSAS VALLEY STATE BANK This lender issued this commercial loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 325910 - Printing Ink Manufacturing Loan Approval Date 9/13/2004 Loan Approval Gross Amount $112,000 Loan Approval from the SBA Of the total $112,000 loan amount, the SBA guaranteed $95,200. More Information on This SBA Loan The borrower, Cartridge World, borrowed this money for a new business. This loan was used to buy a Cartridge World Stores franchise. At the time of the loan, the company had 2 employees. The loan application did not indicate that the small business planned to use the loan proceeds to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. If a firm like Cartridge World is able to get a $112,000 loan, why not give getting an SBA loan of your own a try? About This SBA Loan Information: All SBA loan data displayed above comes from the government's SBA loan database. Related Links: SBA Approved Banks in Broken Arrow, Oklahoma Find an SBA Lender in Oklahoma 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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