[BC] Radio station loans

Craig Bowman craig1 at shianet.org
Mon Mar 30 18:37:46 CDT 2009


Getting an SBA loan is tough regardless of the industry.  I am familiar 
with a few attempts and they were either turned down or in two cases, it 
was too much of a pain in the butt to try to comply.  It was easier to 
find private financing.

Craig Bowman

Larry Fuss wrote:
>> Um, yes it can.  It happened with a C3 FM here a couple of years ago. 
>>     
>
> It must be one of those you can count on one hand, as I mentioned.
>
> In my 37 years in radio, I've never seen anybody get an SBA-backed loan to
> BUY a radio
> station.  Buy a building to put an existing radio station in is a different
> thing.




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