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Hi I looking at purchasing an existing well established profitable business. The business is a salon that has been in operation for over 8 years. The business is in a leased space. The purchase would include the name and all of the existing equipment. All of the employees would stay on, which in turn shouldn't impact existing sales. The business has been steadily making over $300,000 a year in sales. My credit rating is very good. The business would be female owned. I've been in this industry for over 12 years.
I am looking for a loan to purchase the business, also looking to make some equipment upgrades so I am going to need a load for that as well. Can you please tell me what types loans are out there for me.
I know I need to sit down with a specialist but right now I am on the research phase and still need to crunch some numbers down before I come in. Thank you!!!
Mr A, Centeral Jersey
January 20, 2015 05:36:06 PM
In reply to Mr A, Centeral Jersey
Welcome to TD Helps and thank you for your interest in TD Bank. We'll be glad to answer any of your lending questions.
To view our current business lending products please view: http://bit.ly/1tIaDIl. That link will also bring you to a section where you can schedule an appointment to speak to a Specialist or even chat live with a Specialist! If you would like to speak directly with a Customer Small Business Banking Specialist please dial 855-278-8988 or you may visit a nearby TD location. For our Store locator please click here: http://bit.ly/TDStores.
Thanks again for visiting us here on TD Helps and enjoy your day.
Colleen B, Mount Laurel
January 20, 2015 05:36:38 PM