RECENT ARTICLES & BLOGS
August 30, 2016Effective Plan Of Finance To Purchase A Business
A reliable strategy of finance to purchase a business involves tapping a number of money sources. This approach usually yields the most cash and it enables the business buyer to spread the risk.August 28, 2016Using Your Retirement Funds To Finance A Business Purchase
The idea of accessing your retirement funds to help finance a business purchase has not been frequently considered by business buyers, but it can be a great strategy for getting that extra cash needed to close a deal. More business purchasers have begun to discover the benefits about this approach.August 23, 2016Financing Business Purchase Opportunities
Three means (raising money with a home equity line of credit, SBA 7(a) and 504 loan programs, & seller financing) of financing business purchase opportunities have remained popular over the years. But the financial crisis of 2008 has impacted the frequency with which they are used.August 22, 2016Warning: Loan To Buy A Small Business Might Not Come Through If Workers Aren’t Employees
The application for a loan to buy a business might get rejected if the lender does not approve of the way the workers in that business are compensated. Buyers need to be cautioned about this potential problem if an interesting business opportunity uses workers listed as independent contractors.August 21, 2016Buying A Business: Buyer Credit History Critical For Non SBA Financing
Anyone seeking non SBA financing to purchase a small business needs to have good credit history. They must have paid all debts on time and achieved a credit score of at least 650 if a financial institution is to approve the request for help fund a down payment or total business purchase financing.