Sba Loan Brokerage
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $1000000
Net Profit / Cash Flow $350000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1991
Number of Employees 1 - 3
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Training Seller is willing to train extensively.
Reason for Sale Retirement.
Description Imagine earning a consistent $350,000 or more working from home! If you have a valid California real estate broker's license or a California finance lender's license, this opportunity could be yours. This seventeen-year old company leads the field in brokering SBA and commercial loans in the San Diego area. In spite of the downturn that others have experienced in this sector, this company has improved its bottom line this year. That's because the seller has developed a unique and proprietary system for generating and placing loans in three key sectors. These include sba loans, commercial real estate loans and owner-user property loans.
This business has generated between 45 and 90 million of loan volume in each of the past three years! And the seller has taken home between $350,000 and $650,000 in each of those years. The business has just one loan processor to support this level of volume and she is a subcontractor. If you want to expand this business, the seller will assist you in training a staff of sales people to do what he does. All processes and procedures are fully documented and are completely scalable. Most banks in this sector do not do the volume that this business does. In fact, this may be the perfect add-on for a business looking to grow into this lucrative field.
Scores of current leads plus a large number of in-process loans will be included in the price. Well developed sources of leads fill the funnel continuously. In addition, files including the contact information for the many loans that have previously been funded will also be included. Another key to this business is the portfolio of lenders that are already doing business with this company. The seller will provide an extended transition period, a portion of the deal flow at closing that will assure a level of positive cash flow from the very start. Email or call John Homan, broker
619-279-7522 for more information on this Loan Brokerage for sale.
Click Here To Contact Seller
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