sba

January 10, 2024

Funding the Purchase of a small business

For those interested in buying a business, one of the most critical steps is securing the funding. Understanding your financing options is key to a smooth process. Here are some of the best avenues to explore: Self-Funding: If you have the cash to purchase a business in full this can make you a very attractive prospective buyer. Sellers may be...
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November 22, 2023

Buying a Business with No Money Down

There’s a common misconception, sometimes fueled by misleading advice, that purchasing a business with 100% seller financing, or with a minimal down payment such as 10%, is a feasible option. However, this scenario is rare and, frankly, can be perceived as a lack of respect towards business owners. To understand why such arrangements are uncommon, it’s crucial to look at...
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