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What are my options for financing the purchase of an existing business?

I've found it harder to find financing. What options are out there?

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Answers (2)
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First Fund Management
International Finance Expert

My name is Thomas Joy Im with first fund management. I specialize in Asset Enhancement for these situations ( Commercial Real Estate, Business sales, Importing and Exporting...ect..) I provide stand by letters of credit, Proof of funds, Bank gaurentee's comfort letters ect..To help get you approved for financing your looking for. I would the chance to speak with you about how I can help in your particular situation.
Thomas Joy
First Fund Management
407 244 5745

Jun 16, 2012
Andrew Cagnetta
Transworld Business Brokers, LLC.
Premium Broker

There's only one real resource for financing a business acquisition that relies on the business itself and that is the SBA 7a program (and SBA 504 if there is RE). All the others rely on your assets and credit. They range from HELOC's, IRA plans, and the FFF network (friends, family and fools). In the end you must have some money to leverage in your possession. Probably about 30%-50% of the purchase price.

Mar 18, 2009

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