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small business SBA expansion loans
Posted on Oodle - Over 4 weeks ago
- Category:
- Financial & Legal Services
- Location:
- Chicago, IL
Features & Description
The U.S. Small Business Administration's Loan Programs. This loan guarantee program can be used for purchasing heavy equipment, expanding or improving an existing facility, or purchasing real estate and building a new facility. http://www.MidwestCommercialloans.comThose parameters and restrictions make the SBA program a better deal for existing businesses. The typical SBA borrower tends to be a borrower that has been in business for awhile and is looking to expand their business and/or buy their own facility. Know that the secret is out about this program, and it is becoming increasingly popular thanks to President Obama. President Obama's expansion plan for America has now waived the guarantee fee for the remainer of 2009, this is typically equally to .50% of the loan amount. The US government will saving you thousands of dollars with a low interest guaranteee. However, you must have been a profitable business for at least 3 years and provide tax returns for underwriting. You can contact www.MidwestCommercialLoans.com for a free consultation to see if your business qualifies.
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