The BizBuySell Small Business Community

  • Get Expert Advice

  •  • Find Local Service Professionals

  •  • Share Your Experiences

I am looking to borrow 150K for an existing 1 yr old profitable business for sale in GA. Any suggestions?

This business is doing very well, the current owner is buying another business out of state. Since the business has only been around for a year, banks will not consider a loan. I could start paying the loan back starting month 1 over a 5 yr period I just do not know if there are other options besides banks. Any suggestions or help appreciated.

No User Photo

Answer This Question

max 5000 characters

Web Reference (optional)

e.g., "www.mywebsite.com"

Review Community Guidelines

Help keep our Community clean and on topic. The BizBuySell Community is a place where you can discuss your questions, concerns and knowledge with others you can trust. It is not OK to use this forum to solicit others for personal or financial gain, or to rant about personal issues. It's all in the guidelines.

Submit Your Answer
Answers (7)
No User Photo
Carson Grant Loan Company
Affordable Loans
Los Angeles County, CA

DO YOU NEED A LOAN TO START A BEFITTING NEW YEAR!!!!!!

Are you a business man or woman? Are you in any financial stress? Or do you
need money to start your own business?

Do you have a low credit score, and you will find it difficult to get loans
from local banks and other financial institutions? solution to your
financial problem is Dr. Carson Grant The Terms and Conditions are very simple
and considerate.You will never regret any thing in this loan transaction because i will
make you smile through out this transaction, because you where not born to be a loser

Email (carsongrantloanhome@gmail.com)

Our services include the following:

* Personal Loans
* Debt consolidation loans
* Possibility
* Business Loans
* Education Loans
* Mortgage
* Home Loans

We offer loans at 2% interest rate

We offer loans to people in need of financial assistant with a low interest
rate of 2%. In order to get a loan with this company, you can tell the exact amount of
loan you need and the time in which you can pay back the loan.

NOTE: You are required to email us on:(carsongrantloanhome@gmail.com)

Feb 11, 2017
No User Photo

Have you been looking for financing options for your business, new home purchase, construction, real estate loan, refinance, debt consolidation, personal or business purpose? Welcome to the future! Financing made easy with us. Contact us as we offer our financial service at a low and affordable interest rate of 3% for long and short loan term.Interested applicant should contact us for further loan acquisition procedures at vhernan712@gmail.com

Aug 19, 2016
No User Photo

Email: chun.kome12@hotmail.com
Hello,

Good day to you and thank you for your time to read this.

We are financial services and asset management company.

Search for sustainable finances or the financial freedom to expand your business and company and to grow? We may add your company or a client / friend devise a plan for success help, We offer private loan to individuals.

For all types of companies - from small businesses to large corporate companies, we will help you to make your business the right type of financing for your business needs to lower interest rates and fast approvals will act quickly to require help new opportunities and immediate to meet needs.

For more details, please contact directly with your business plans or project view. EMAIL( chun.kome12@hotmail.com )

Best regards.

Jul 15, 2016
No User Photo
Biz2Credit LLC
New York County, NY

Den,

You can try micro lenders as well as banks can fund you under SBA program where based on one yr. financial and financial projections you can get a loan.

A lot of factors go into qualifying a for a business loan. Lending institutions scrutinize a business owner's personal credit, business credit, location, industry, years in operation, assets and cash flow differently. The best way to search for financing is to enter you information on www.biz2credit.com. If you meet the general criteria of a lender or a bank on the system, you'll be matched with them. If you don't meet any of the lender criteria, the system will educate you as to why you didn't fit the criteria and what you can do to qualify in the future. It's a great system and it's free. Good luck.

Apr 8, 2010
No User Photo
Business Capital Corp
President

I am in Asset Based Lending. E-mail me @ tomboutwell@bellsouth.net with your contact info. After
getting some info on the business and their Balance Sheet, I can tell you within 24 hours if I can help
you.

Apr 8, 2010
Robert Cutler
Attorney
New York County, NY

Your best bet probably would be a private equity or venture capital fund, although they typically charge higher interest rates than a bank and sometimes require a controlling interest in the business.

Apr 5, 2010
No User Photo

I am a loan originator representing private equity funds. Send me your info as well as pro forma for the business. I can help you. ep@pfmin.com

Apr 3, 2010

Start a Discussion