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Buying a small business on collateral

I want to buy an established small business. Is it possible to get a loan based on the assets of the business using it as collateral?

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The BAF Group LLC
MD

No. There still needs to be an injection of cash by the Buyer, the demonstration that the business and the Buyer are viable and, in most cases, added security from the Buyer. Lenders do not take risk.

Nov 20, 2015

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