Day: August 27, 2024

Clearwater, FL Our borrower, a seasoned professional with 26 years of experience managing a restaurant, just purchased his dream business: a well-established, 20-year-old Classic American Diner. The restaurant, which had recently undergone renovations, was acquired for $1,525,000. Despite having just 5% of the purchase price in personal savings, our borrower was able to secure the… Continue reading $1,525,000 – SBA 7a Restaurant Business Acquisition

Fort Meyers, FL This recent SBA 7(a) loan closing involved the successful sale of a well-established retail store specializing in western wear in Fort Myers, Florida. This store, which had been operating for over 50 years, was a prominent name in the Florida retail landscape since the 1970s. As one of the largest independent retailers… Continue reading $2,300,000 – SBA 7a Western Wear Retail Biz Acquisition