Discussion: American Business Brokers Association | LinkedIn
Business Acquisition or Franchise Start-Up ....
Just 20% down, No Real Estate Necessary!!!
Loan Amt: $150,000 to $2,000,000
LTV: No Collateral requirements in selected states
Borrow Injection: 20%
Term: 10 years
Personal Guaranty: Required of all owners
Pre-Payment Fee: NONE
Balloon Payment: NONE
Origination or Points: 1.0%
REQUIREMENTS
Debt Coverage Ratio: 1.30 for 2 yrs
Eligible Businesses: Must be Privately Held, For-Profit, Owner Operator
Borrower's Experience: None Required for Approved Franchises
3 yrs of Related Experience for Non- Franchise
Working Capital: Funds Provided To Cover 3-6 months of expenses
GREAT BUSINESS STARTER LOAN, call 877-893-1086 or email Mike@AggressiveSolutionsLLC.com Visit www.AggressiveSolutionsLLC.com for more loan products available to better assist you with your Commercial Financing Needs.
1 comment:
It may have been the largest investment in CRE space but doesn't
their loss depend on whether wachovia gave them recourse or non
recourse financing. A loss of $250 million is not small but it
doesn't compare with $1.9 billion
business loans
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