San Diego 8/19/2009 11:39:38 PM
News / Business

SBA Loans Funded in Spite of the Recession

Smart entrepreneurs seeking SBA Loans can look to the experience of an SBA Loan Broker like Craig G. Francis, founder of SBALoanStore.com. A few insightful Southern California entrepreneurs are taking advantage of his 35 years of experience in credit, finance, and banking, which includes time as one of the top business credit analysts at Dun & Bradstreet. Francis has funded over a Billion Dollars of loans to over 2000 businesses and entrepreneurs in several categories, including real estate, service, manufacturing, and restaurants and bars.

 

Even with the current slowdown in lending, Craig G. Francis sees improvements in the near future. "We have been through these dips before and we know there is opportunity,” says Francis. “The banks are scared to make bad loans right now, but know that they have to eventually fund loans. With the influx of SBA funding in 2010 we should see some improvement.”  

 

In his more than three decades of experience, Craig G. Francis has been here before. The cycle is clear. The recession is an opportune time to start a business. He points out that the banks will have to start lending at some point, and “the benefactors will be small businesses."

 

Craig G. Francis is an SBA and Commercial Loan Broker, and founder of SBALoanStore.com who is available for interviews and commentary regarding the climate of SBA Loans. For more information or to set up an interview, please contact Kamatoy Media Group at press@jugglemail.com or call 619-573-9456.