The BizBuySell Small Business Community

  • Get Expert Advice

  •  • Find Local Service Professionals

  •  • Share Your Experiences

I want to purchase a business for 300k, have 150k down, seller wont finance 50% where to find funding? tony

The seller feels that 50% note is too high so he will hold less, where can I find acquisition funding to bridge the gap? sale lease back? on equipment? The company is a structural steel fabrication plant.

tony lyons

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 (10)
No User Photo

We are financial consultants to a group of investors whom we have their consent to manage their funds which is in our custody for cooperation in joint venture business investments.

Our areas of interest include Property Development and real estate, Health Care, Education and training, Mining and exploration, Energy, oil and gas,Technology, Software development, Agriculture, Manufacturing, Finance Services and Leisure.However, all viable proposals within reason will be considered.

Funds shall be made available to you as a direct investment loan at 3% interest rate per annual for a period of 2 or 30 years depending on what you prefer. You may contact us if you have interesting investment proposal for possible business collaboration for our study.

We look forward to your reply to enable us provide you with details or you may visit our website.

Kindly acknowledge receipt of email.

Thank you.

Yours Sincerely
Jesse Peterson
phone: (980) 239-7539
email: info@interventionmortgagefirm.com
web: http://www.interventionmortgagefirm.com/

Jun 6, 2017
No User Photo

DO YOU WANT A PERSONAL/BUSINESS/INVESTMENT LOAN?

We have provided over $1 Billion in business loans to over 15,000 business owners just like you. We use our own designated risk technology to provide you with the right business loan so you can grow your business. Our services are fast and reliable, loans are approved within 24 hours of successful application. We offer loans from a minimum range of $5,000 to a maximum of $500 million.

Do you find yourself in a bit of trouble with unpaid bills and don’t know which way to go or where to turn? What about finding a reputable Debt Consolidation firm that can assist you in reducing monthly installment so that you will have affordable repayment options as well as room to breathe when it comes to the end of the month and bills need to get paid? Dr. Ezra Sebastian Loan Home is the answer. Reduce your payments to ease the strain on your monthly expenses. Email (ezrasebastianloans@gmail.com)

DO YOU NEED 100% FINANCE? we give out loans with an affordable interest rate of 2%
EZRA SEBASTIAN LOAN HOME, (ezrasebastianloans@gmail.com) aims is to provide Excellent Professional Financial Services.

Our services include the following:

*Truck Loans
* Personal Loans
* Debt consolidation loans
* Car Loans
* Business Loans
* Education Loans
* Mortgage
*Refinancing Loans
* Home Loans

We give you loan with a low interest rate of 2% and loan duration of 1 to 30 years to pay back the loan (secure and unsecured). Do not keep your financial problems to yourself in order for you not to be debt master or financial stress up, which is why you must contact us quickly for a solution to your financial problems. It will be a great joy to us when you are financially stable. Email (ezrasebastianloans@gmail.com)

NOTE:Bear in mind that it will only take less than 24 Hours to process your file is 100% Guaranteed no matter your Credit Score.

Yours Sincerely,
Dr. Ezra Sebastian
+1 (850)846-6235
We are certified and your privacy is 100% safe with us. Worry no more about your loans or finances.

Get your instant loan approval

Jun 4, 2017
No User Photo

Hello!

Have you ever searched for funds, loans, financial assistance or need an accredited lender to help you meet up with your needs and demands? Do you want an Investment Loan for your business Or have your bank turned you down? Is your monthly income disappearing due to high interest rate on your Loans, Credit or Bonds? Then you have no alternative than to get an instant and reliable service. Contact us today for Legit/accredited Loans, Mortgages and Investment funds. For Quick application, Apply within; Full Name: Loan Amount needed: Loan Purpose: Loan Duration: Phone number: Address/Country:

Yours Sincerely
Jesse Peterson
phone: (980) 239-7539
email: info@interventionmortgagefirm.com
web: http://www.interventionmortgagefirm.com/

Jun 1, 2017
No User Photo
Biz2Credit LLC
New York County, NY

Tony,

You should take around 10% from the seller while you are putting down 50% so for the rest of 40% try out biz2credit.com

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 2, 2010
No User Photo
Cowboy Business Group
Utah County, UT

My advice would be to only consider businesses where the seller will carryback 20% or more, then seek SBA for 50%, you put in the difference. If the seller is reluctant to finance a portion of the sale, then I would view that as a red flag. SBA will loan on cash flow based on your background and other factors. Or, as others have suggested, you can borrow against assets, but you might get 30-40% of value. Good luck. If you need a negotiator, I'd be happy to assist.

Apr 1, 2010
Buy-a- Company

Tony,

Will the seller carry back ANY financing at all? Are there any assets that you could borrow against? Would you consider partnering with another buyer? There are so many possibilities.

Mar 29, 2010
No User Photo
Lay Management Corporation
Chief Executive Officer
Clayton County, GA

HELLO IM A VENTURE CAPITALIST AND MAY BE ABLE TO HELP YOU FIND THE FUNDING THAT YOU NEED EMAIL ME AT XAVION@LAY-MANAGEMENT.COM

Mar 28, 2010
No User Photo
LRPS/PT Profits RE
Owner, Aquisitions Broker, Mortgage Banker
Orange County, CA

I agree with CB in that their needs to be more information to give you a better answer. I'm a acquisitions broker and mortgage banker. However, here's a couple of things to look at with your deal, that could cause a lender to only go so high. The financials for the business, is real estate included or excluded in the purchase, how much money besides the 150K you are putting down do you have left (3-6 months expenses worth?) location, age of building, parking, etc. There maybe some of the things that you hadn't though of or it may just be the people/bank your using only do loans less than 50% in that case, walk away and find a new lender. I know over 200. I'd be glad to here help you and answer any questions, or look over your deal and see how to save it. You can reach me at lrps2@yahoo.com I hope this helped

Mar 20, 2010
No User Photo

Tony,
In my opinion, there are simple answers to your questions that might solve your problem and then there are more complex answers that probably have a greater chance of working. Most people don't want to admit that the credit crunch has made it extremely difficult to get small business financing. I think the use of sales lease-back financing is a great way to approach it but the transaction would have to be straegically well structured in order to faciliate that type of financing because a sales lease-back lender would want you to have ownership of the assets beforehand. I spent most of my adult life in private equity so I've seen quite a few deals in my day. If you'd like to continue dialogue regarding this email me a thecorpraider@yahoo.com.

Mar 19, 2010
Dustin Zeher
Horizon Business Brokers, LLC
VA
Premium Broker

You should be able to go to any bank that provides commerical loans. Try your local banks as they are usually more willing. If you are putting 50% down to purchase the business most banks will finance the other 50% if you can secure it. If you cant secure the loan you might be able to get a SBA loan.

Dustin Zeher
Principal Broker
Horizon Business Brokers, LLC.

Mar 19, 2010

Start a Discussion