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Want to acquire a business

Is it possible to acquire a profitable business via owner financing on a "pay as you go" type of arrangement? I have no money to buy a business outright and would like to get out of the corporate world and work for myself by growing a successful business.

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Answers (7)
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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 at gggillign@gmail.com for Legit/accredited Loans, Mortgages and Investment funds

Nov 13, 2016
Satish Patel
Sunbelt Business Advisors
Middlesex County, MA
Premium Broker

Marie,
Right now is the best time for buyers to secure favorable seller financing. There are many vehicles to structure a note based on installment and/or performance. We work with many buyers like you and can be a great resource as you explore business opportunities. I recommend browsing our website at www.sunbeltne.com and then call my office at 617-945-5338 or email me at mandoni@sunbeltne.com to schedule a complimentary consultation on your target business search criteria, the acquisition process, transactional advisors and also types of business available and general lending and business for sale marketplace review.

Thanks
Mariola,
Senior Business Broker,
Sunbelt Business Sales & Acquisitions

Aug 31, 2009
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Franchise Advisory Group
PA

Marie,

Owner financing is still a loan and if you default, they will take action similar to what a bank would do. Also sellers still require a down payment and collateral. If you have any type of retirement funds, (401K or IRA), you can roll those over into your company and use the money for a down payment tax and interest free.

Aug 26, 2009
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How to Buy a Business
WA

Marie,

The answer is "yes." But there's a catch. You need to know what you're doing and come up with the down payment as well as have a buffer fund.

Aug 26, 2009
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Marie, I'm afraid Don is correct. If you don't have enough money for a substantial downpayment + capital for emergencies, please don't do it. There are a few companies that offer owner financing, but, keep in mind they are going to want to get their payment first. This could leave you in a situation where you are locked into paying someone for years, with nothing to live on for yourself.

Aug 26, 2009
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The BAF Group LLC
MD

Perhaps one of the worst things you can do is to enter into a business undercapitalized. Please be careful of people trying to entice you into a situation where you enter too deeply in debt, from the very beginning. It is simply not worth the risk.

Aug 25, 2009
Rich DeLuca
TransWorld Business Brokers
Williamson County, TN

Chantelle, I have a no doc loan product of $25,000 that can fund in 10 days if your credit score is above 640. I have 12 different franchises that sell for between $9,500-$20,000. You can open anywhere in the US. Give me a call. Rich 615-771-5305

Aug 25, 2009

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