BizLoanArranger

$2.775,000 SBA 7(a) Loan Closed And Funded

11/21/2011 12:05:00

BizLoanFunding is pleased to announce that we recently closed a $2,775,000 SBA 7(a) loan to a precision machine shop located in northeast Ohio.

The financing package benefits the small business by reducing monthly debt service by 52% and provides permanent working capital to create additional employment opportunities.

In addition to the SBA 7(a) loan, BizLoanFunding also arranged a conventional $750,000 working capital line-of-credit to help the company cash flow their new customer growth.

The entire project was a total team effort between BizLoanFunding and its community bank, lender service provider and working capital lender partners.

As a result of this cooperative effort, 30 jobs were saved and an estimated 20 new skilled jobs will be created in the near future.

BizLoanFunding is an SBA loan and working capital consulting firm working with both individual small businesses to obtain SBA and working capital funding along with providing comprehensive SBA loan and working capital funding services to its community bank partners.

For additional information, contact us at 888.613.4988.

Team Effort Saves 30 Jobs

11/04/2011 17:19:00

Working as a team, BizLoanFunding and our community bank partner are proud to announce approval of a $2,775,000 SBA 7(a) loan to a precision machine shop in northeast Ohio.

The financing package benefits the small business by reducing monthly debt service 52% and providing permanent working capital to create additional skilled jobs. A $750,000 line-of-credit was arranged to help the company cash flow the new customer growth.

The bottom line??? The restructured financing helped the company save 30 jobs, finance its future growth and positions them to create 20 new skilled jobs in the near term. The community bank is able to maintain and strengthen its deposit and borrowing relationship with the company.

BizLoanFunding facilitates SBA loans with individual businesses needing financing as well as community banks needing assistance to provide SBA loans to their clients. If you are a community bank with a desire to do more SBA lending, or you have a client in need of an SBA loan, we may be able to help.

Another Done Deal - The Details

05/31/2011 13:13:00

THE COMPANY:

A rural telecom company obtained an underfunded SBA loan from its local bank several years ago, resulting in the need to seek additional outside financing in the amount of $500,000. An angel investor provided the funding in exchange for preferred stock to be re-purchased in 3 years or converted to a 24% interest loan.

THE CHALLENGE:

As a result of expansion and growth the rural telecom company was unable to re-purchase the preferred stock at the end of 3 years, and the local bank did not want to extend an additional loan to refinance the $500,000 as few lenders have experience with this industry to determine asset values. The rural telecom company needed additional funds to expand broadband internet services to new and existing customers.

THE ACHIEVEMENT:

BizLoanFunding obtained an approval for a $1,704,000 SBA 7(a) loan to refinance their existing SBA loan at their local bank, payoff the high-interest investor note, and provide the company with funds to purchase equipment and provide their customers with broadband internet services. The bottom line? Reduce annual debt service requirements by over $240,000 and increase cash flow over $600,000 annually!

WHAT DEAL DO YOU HAVE THAT NEEDS TO GET DONE?

BizLoanFunding is an SBA/USDA consulting, packaging and placement firm with +60 years’ combined experience lending to small businesses. We currently have a 92% approval rate with our clients and may be able to help if you have a deal you cannot get done at your bank.

CALL US TODAY!

Joe Wojtowicz

or,
Dave Nighswander 888.613.4988

This makes it 10 out of 11

05/13/2011 13:22:00

BizLoanFunding.com is pleased to announce that we have obtained credit approval for another client for an SBA 7(a) loan in the amount of $1,704,000 to refinance outstanding debt and business expansion for a rural telecom company in Michigan.

We have been able to obtain funding for 10 of our last 11 clients each of whom were initially declined by their own bank . . . most of them by multiple banks.

If your business is having difficulties in obtaining funding from your bank, or you are a lender with a client who needs a loan, but your bank will not approve it at this time, we may be able to help.

Call 888.613.4988 today!

SBA Approves Financing For Self-Storage Businesses

03/12/2011 20:46:00

The U.S. Small Business Administration (SBA) recently approved self-storage businesses for SBA guaranteed financing. Until recently, these types of businesses were only eligible if revenues from other services exceeded rental revenues. Now, that restriction does not apply.

Under the new rules, the SBA will allow lenders to make loans up to $5,000,000. Advantages to the borrower are: lower downpayments, longer terms up to 25 years, and higher loan-to-values.

BizLoanFunding.com is taking the lead in the financing of these businesses by consulting with them on how to best get their loan requests approved, doing all of the paperwork and negotiations with multiple lenders to get them the best deal.

For more information, visit our website at www.BizLoanFunding.com, or call, toll-free at 888.613.4988!

Our Approval Ratio Is Now Up To 90%

03/12/2011 20:39:00

With our 2 recent approvals, BizLoanFunding.com's APPROVAL RATIO is now up to 90%! In addition, we had a recent loan APPROVED in a RECORD 9 days!

$325,000 SBA 7(a) Loan Approved For Onsite Caterer

03/12/2011 20:36:00

BizLoanFunding.com was able to get another client APPROVED for a $325,000 SBA 7(a) loan for an onsite caterer

to refinance existing debt plus working capital. The client was declined by his own bank and we were able to get this loan approved in a RECORD 9 DAYS!!!!

$ SBA 7(a) APPROVED For Acquisition Of 2 Daycare Centers

03/12/2011 20:30:00

BizLoanFunding.com has got another client APPROVED for a $325,00 SBA 7(a) Loan for the re-structuring of existing debt plus working capital. The client was also originally rejected by his own bank. The loan was approved in 9 days!!!

Dave Nighswander Joins BizLoanFunding.com Team

01/26/2011 06:12:00

Industry Professional Dave Nighswander joined the BizLoanFunding team as a Senior Consultant. Dave has over 30 years' experience in the lending industry. He will assist banks, credit unions and businesses with SBA and USDA guaranteed business loan consulting, packaging and placement services along with expertise in working capital funding and invoice placement.

Contact Dave at 419.732.3174, or dave.nighswander@BizLoanFunding.com

BizLoanFunding.com Gets RESULTS!!!

12/11/2010 16:07:00

During these very difficult economic times and turmoil in the lending industry, especially for small businesses, we are proud to announce that this year we have enjoyed an 80% APPROVALRATIO with clients we have submitted to various lenders.

      Every one of our clients were turned down by their own banks for their loans and, in many cases, by multiple lenders before coming to BizLoanFunding.com.

      If you are having problems with your bank, we may be able to help. Call us TODAY at 888.613.4988! We may be able to help.