March 16

How to finance a laundromat using SBA financing [SBA 7a or SBA 504]

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How to finance a laundromat using SBA financing

Hi Beau, I am looking at purchasing an established laundromat in my town. It also includes the real estate. The real estate is being sold for $650,000 and the machines and business are another $300,000.

What would be the best SBA financing options for this situation?

Thanks,

Angie


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