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How Can You Find a Money Partner

I am looking to find a money partner for business to buy will pay back full and small interest or will give equity postion but I need to know where to look do I place an ad in like the Newspaper?

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Answers (3)
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Mar 23, 2017
Bryan Berent
Blue River Financial Group, Inc.
Managing Partner
Oakland County, MI

Ben:

The answer depends on how much capital is required. It is much easier to raise $10,000,000 for a $25,000,000 business than it is to raise $100,000 for a $250,000 business.

If you are looking to purchase a small business your best bet is to approach friends and family for equity investment and local community banks for debt. If you are looking to purchase a larger midmarket business then the likely source of equity capital may be private equity firms. Debt vehicles could come from a variety of traditional bank and non-traditional or non-bank lenders.

You should engage an intermediary to help you if you are looking to purchase a larger business. The fees are mostly success oriented and well worth the investment.

Apr 4, 2009

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