News By Tag
* Restaurant Equipment
* More Tags...
* Appraisal Auctioneer
* More Industries...
News By Location
SBA Loan Appraisals: Machinery & Equipment in Ohio
Even though the SBA does not loan money directly to small business owners, they play an important role for people who want to finance their businesses. Banks need to get a 3rd party equipment appraisal for many of the programs that the SBA offers
As a Senior Certified Appraiser with the Certified Appraisers Guild of America, Bryan Worley, CAGA can and will provide a qualified equipment appraisal for a business loan.
Just about any small business (and a small business could be making millions of dollars, according the SBA guidelines) could be eligible for these SBA loans put into play by the Jobs Act.
The Jobs Act not only increased federal government guarantees on SBA 7(a) loans through the end of the 2011, but also temporarily waived fees on 7(a) and CDC/504 loans and created a $30 billion lending fund that community banks can access in making loans to small businesses in our service area–the Akron, Canton, Cleveland, Columbus, Toledo and Cincinnati metro areas.
The top 5 SBA lenders in Ohio include, Huntington Bank, Key Bank, Chase Bank, Fifth Third Bank and Charter One, Worley’s appraisals have been accepted by all of them for the SBA-enhanced loans.
For a realistic business asset evaluation contact Bryan Worley at Auctionwaves and Appraisers at 330-949-7653
# # #
Commercial and Business liquidations, appraisals and auctions expert court testimony, classic cars, machinery and equipment for business
Page Updated Last on: Oct 13, 2011