The BizBuySell Small Business Community

  • Get Expert Advice

  •  • Find Local Service Professionals

  •  • Share Your Experiences

buying a business

hi there im 19 years old and well i want to go to school but i refuse to take out a loan i feel there is no roi with a college degree but there is in buying an actual business im looking to buy something thats online like an amazon ebay or something but the problem is that i only make 10.50 per hours and well saving 30k+ for a business will take me long time so if i where to find a business that looks promising could i present the business to the bank and ask for the loan will they even listen to me since im only 19
the only reason i do not start my own is becouase i work 7 days a week 20 hours a day so there is really no time to do all the work but if i find something that has already been there a while i feel like i may be able to take a couple hours off work and work on that business and eventually quit working there to do this full time.
sorry im really new at this. to put this in small words basiccly i want to find a business and try to get a loan

btw i have no assets,litt

No User Photo

Answer This Question

max 5000 characters

Web Reference (optional)

e.g., ""

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 (3)
Mrs. Elizabeth White
Washington County, FL


Hello to All across the globe, I am Mrs. Elizabeth White, from United State Of America, USA. I am a mother of 4 kids and I was stuck in a financial situation and I needed to refinance and pay my bills. I tried seeking loans from various loan firms both private and corporate but never with success, and most banks declined my credit ,do not fall prey to those hoodlums at there that call them self money lender they are all scam , all they want is your money and you will not hear from them again they have done it to me twice before I meet Dr. Maverick Leonidas the most interesting part of it is that my loan was transfer to me within 74hours so I will advice you to contact Dr. Maverick Leonidas if you are interested in getting loan and you are sure you can pay him back on time you can contact him via email……… ( No credit check, no co signer with just 2% interest rate and better repayment plans and schedule if you must contact any firm with reference to securing a loan without collateral then contact Dr. Maverick Leonidas today for your loan

They offer all kind of categories of loan they

Short term loan (1_10years)
Long term loan (20_30 years)
They offer loan like
Home loan............., Business loan........ Debt consolidation loan .......
Student loan..........,Business start up loan
Business loan....... , Company loan..............Mortgages loan
construction loan........ hotel loan....personal loans.. etc

When it comes to financial crisis and you need to be free from financial crisis then Dr. Maverick Leonidas loan loan is the place to go please just tell him I Mrs Elizabeth White direct you Good Luck....

23 hours ago
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

Aug 17, 2017
No User Photo
The BAF Group LLC

Allan, if I understand this correctly, you have no advance education; at 19 you probably have little in the way of practical, management experience; you have no savings; you have no ability to work intensely at anything outside of your current job, which I take it you feel is limited, in terms of future potential... Is that correct?

With all due respect, your wishes do not meet with reality.

You are looking for a lender to give you money with no funds of your own, background and no proven ability. No bank is going to do that. It is that simple. In fact, the only way to get money for that kind of purpose is if your favorite Aunt either gives you a gift of money, or dies and leaves it to you in her will.

This is an attempt to be a bit humorous in my answer, because I do not really mean to be nasty; but business acquisition and funding is not like a sitcom, where you suddenly resolve all problems within a 30 minute time cycle. There is little in the way of a "quick fix" for identifying and funding a business. It is a matter of setting long term goals and short term strategies, in order to achieve the kinds of goals you want. Even people who appear to be "overnight" successes are most often the product of long years of learning and applying skills that suddenly seem to coalesce into something fruitful. I may be wrong, but you have not offered anything that would suggest you have the abilities to even manage a company, if you are lucky enough to find that rare set of circumstances you are seeking.

Your intentions are good; but your methods and hopes are unrealistic. I am not being critical, as much as I am trying to suggest to you that you really need to walk, before you run.

Feb 23, 2016

Start a Discussion