SBA 7a Financing for Fedex Routes

SBA 7a Financing for Fedex RoutesShow more

I’m looking at buying a Fedex route. I know I need to be approved by Fedex for the route before I can buy it. I also know they are not inexpensive.

What is the best way to finance the acquisition of a Fedex route, assuming Fedex gives me the thumbs up?

Thanks,
John

Timestamps
[00:22] Beau works with banks that really love doing FedEx with 7a program
[00:51] Banks and non-bank SBA lenders that do FedEx routes
[01:08] Every SBA banker has a specialty
[01:17] Identify the right bank with the right terms
[01:33] The best way to finance the acquisition of a FedEx route
[02:16] How to get pre-screened and underwritten within 10 days
[02:32] Book a call at http://bookwithbeau.com/

Are you a real estate investor or business owner looking to expand? Book a discovery call with Beau to learn all the ways he can help you - https://investorfinancingpodcast.com/rumble

The video titled "SBA 7a Financing for FedEx Routes" features Beau discussing the best way to finance the acquisition of a FedEx route assuming approval from FedEx.

Beau mentions working with three different banks and non-bank SBA lenders that specialize in financing FedEx routes.

He advises finding the right bank with the right terms as every SBA banker has a specialty. For example, some bankers prefer to focus on business acquisition, while others mostly deal with real estate.

Beau emphasizes that the best way to finance a FedEx route is through SBA 7a financing, as it is one of the only methods available to fund these types of routes

The financing term for a FedEx route is typically ten years.

To apply for SBA 7a financing, the buyer needs to provide three years of financial statements, an interim statement, a financial statement, and a purchase and sale agreement or LOI.

Once the necessary information is submitted, the financing process can be completed within 10 days. Overall, the Beau suggests that the financing process for a FedEx route is straightforward and can be streamlined with the help of experienced lenders.

If you'd like to ask me a question about real estate, do it here -- https://investorfinancingpodcast.com/ask

💥 Thanks for watching 💥
SBAfinancing #SBA #FedexRoutes #fedex

About Beau: Beau Eckstein is a real estate entrepreneur, TV personality, and commercial mortgage advisor, specializing in construction financing and multi-family lending.

🎥 The video interviews we do on IFP will help you scale your real estate business and learn how to finance your all your projects.

About the Channel: Want to structure your investments in the right and secure way?

Learn great insights and make the right decisions through the Investor Financing Podcast hosted by Beau Eckstein.