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Anybody know a way to get financing to buy a business?

I am an aspiring business owner and I have some prospects that I would love to purchase, but I do not have the initial down payment, anywhere from $50,000-150,000, what is the best way to go about getting it?

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Answers (6)
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Business Opportunity !!!!
We represent a group of potential investors looking for project.
We are able to take your project and make it a reality or you grant the neccessary loan at a rate of 2%.
Next partnership, please kindly let us know about your project
Confidently for possible future collaboration.

May 20, 2016
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Better go for partner ship.Find a partner.If you are interested and provide business details,i can find one for you.

May 19, 2016
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Biz2Credit LLC
New York County, NY


Biz2Credit ( helps in large no. of business acquistion financing deals. These days one needs to have atleast 10% as downpayment while another 10% can come from seller note while rest can be financed by the bank. In case you do not have any down payment to make, best would be to lease the business from seller and run it for a year atleast before you apply for financing.

Register for free on Biz2Credit and chose the case manager option to get started.

Oct 17, 2010
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That's good advice from Pat. Recipe for disaster is right.

Oct 15, 2010
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IC Tool Suite
Sarasota County, FL

Hello Hasani,

I have a number of options you may want to consider in order to get $50K - $150K.

John Briches
Macro Business Capital

Oct 14, 2010
Pat Jennings


My first question to you would be: do you have any money to put down?

I assume these prospects that you have are willing to finance part of the sales price but are requiring a down payment of between $50,000 - $150,000. If you are already putting money down, just not enough to meet the seller's demands, I would try to negotiate a smaller down payment with the seller.

If you have no money down and are trying to borrow all of it, I would say you are going to have trouble doing a deal. Assuming you could find someone to loan you the down payment (maybe a family member) you would have to pay off both the loan from the seller and the loan for the down payment at the same time. You are setting yourself up for disaster.

If you have some money down, just not enough for these businesses, I would suggest looking for a less expensive business. Remember, whatever a mount you have saved up, you can't use it all for the down payment. You have to keep 20-30% in reserve as working capital and as a cushion.

Good luck,


Oct 14, 2010

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