 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
|
|
|
|
||
| Entrepreneur Resources | Cit Small Business Lending Corp Livingston Business Loans | ||||
 |
||||
SBA 7A Banks in Oklahoma
|
||||
 |
Cit Small Business Lending Corp Provides SBA Loan to Buy Planet Beach FranchiseBorrowing money to invest in a Planet Beach franchise? Cit Small Business Lending Corp has a history of making these loans and they are guaranteed by the SBA.
Planet Beach franchise loans are available to Tulsa, Oklahoma entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Cit Small Business Lending Corp, based in Livingston, New Jersey, issued an SBA franchise loan for a Planet Beach franchise in 2003. We've got all the details on this Oklahoma small business loan. SBA Loan Borrower PLANET BEACH 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 812199 - Other Personal Care Services Loan Approval Date 4/16/2003 Loan Approval Gross Amount $183,600 Loan Approval from the SBA Of the total $183,600 loan amount, the SBA guaranteed $137,700. More Information on This SBA Loan The borrower, Planet Beach, borrowed this money for a new business. This loan was used to buy a Planet Beach franchise. At the time of the loan, the company had 3 employees. The loan application indicated that the funding would help generate 3 new jobs. Next Steps for Getting an SBA Loan SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. Planet Beach needed a loan. Cit Small Business Lending Corp probably wouldn't have granted the loan based on the merits of the company, but with the SBA stepping up and agreeing to guarantee part of the loan, Cit Small Business Lending Corp made the loan. The end result was that Planet Beach was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. About This SBA Loan Information: All SBA loan data displayed above comes from the government's SBA loan database. Related Links: Obtaining Funding - How to Borrow Money 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.
|
|
||
|
||||
|
|
||||
