SBA 7(a) Loan Fuels Expansion of Adult Care Home in Washington

[Karen Schimpf]

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Industry: Adult Care Home

State: Washington

Loan Amount: $1,650,000.00 (7(a) loan)

Use of Proceeds

• Purchase of an existing Adult Care Home business and commercial real estate.

Details

A registered nurse, already the owner and operator of another Adult Care Home less than six miles away, sought to expand her business operations. With her extensive experience in the field and the robust cash flow of the business, both individually and globally, Commercial Capital LTD approved a $1.65 million 7(a) loan with a 25-year amortization.

Give us a call today to discuss your commercial finance needs or get started by filling out this form!

Karen Schimpf

(512) 358-1511

[email protected]

www.ApplyCommercialLoans.com 

Karen Schimpf

Commercial Capital, Ltd.

O: 512-358-1511

E: [email protected]

w: www.linkedin.com/in/karenschimpf/

blog: http://bizloansconnections.com/

website: http://applycommercialloans.com

P.S. We recently helped a trucking company that needed to close on an SBA loan but had a tight deadline of under 30 days. They wanted to close quickly on an acquisition of real estate for their business but couldn't wait for the usual SBA loan processing time. We stepped in and provided a bridge loan acquisition real estate loan, ensuring they closed on time. If you need to close fast on an SBA acquisition of real estate, give us a call at 512-358-1511!