Can L visa holder foreign nationals qualify for SBA loans ?
by email@example.com, Window Shopper
- Created: August 21, 2012, 2:16 pm
I just received L-1 for setting up a branch office of my company in California . I can invest upto 200k to buy an existing business , was just wondering if I would qualify for a SBA loan or are there some other financing options for me to buy businesses between 500k-1m. Which are the preferred banks to approach and also what are normal prevalent interest rates. If i have another foreigner as (major/minor )partner with SSIN etc and has been in US for last 12 years on H1B will help me secure SBA approval.
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