Business Finance Group (www.bfgloan.com) - Recently Funded SBA Loan - It's A Grind Coffee House

Business Finance Group (BFG) successfully arranged $225,000 in SBA real estate financing to acquire an It's A Grind Coffee House Franchise.
By: Mark D. Austin
 
Oct. 27, 2010 - PRLog -- Key's to successfully funding the loan were as follows:

1. Franchise had few locations - We worked closely with franchisor to provide more accurate monthly sales projections.

2. Seller of Business owned location for only five months - We worked closely with the buyer and seller to fully understand the reasons for sale and buyer's new marketing efforts.

All these factors contributed to our ability to overcome the initial concerns raised by the SBA and Community Bank lending partner.

While many SBA lending participants have either substantially reduced or eliminated their SBA loan participation, Business Finance Group with its core community bank lending partners, has continued to be a very active participant and is positioned well to assist small businesses to take advantage of the latest positive developments for the SBA 7(a) lending program.

# # #

Business Finance Group (BFG) specializes in arranging financing for small to medium size businesses through its network of lenders committed to lending to the small to medium size business community.
End
Source:Mark D. Austin
Email:***@bfgloan.com Email Verified
Zip:91016
Tags:Sba, Machine Shops, Lending, Banking, Funding, Equipment Loans, Working Capital, Refinance, Business Loans
Industry:Sba, Working Capital, Small business loans
Location:Monrovia - California - United States
Account Email Address Verified     Disclaimer     Report Abuse
Business Finance Group News
Trending
Most Viewed
Daily News



Like PRLog?
9K2K1K
Click to Share