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Looking for Alternative ways to obtain a Down payment on an existing Business for Sale.

We are looking at purchasing an existing RV park, Seller financing is involved but need to come up with down payment off 100k, of which we are putting in 20k cash.

Are there options that we should be looking at?

Regards

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Answers (1)
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The BAF Group LLC
MD

What is the total cost of the purchase? Why are the Sellers getting out? How much money do you have, other than that $20k? Frankly, unless you have other reserve funds, no one is going to want to talk to you, because they are going to figure you are going into this undercapitalized, which is the kiss of death with most businesses.

Feb 13, 2013