BizBuyFinancing Blog

Today’s Business Financing Tip: Overcoming Financing Rejections – It’s wise to cultivate a good relationship with a lender before you need a loan. Lenders will scrutinize your business plan. If the lender says the plan is too risky or shows a lack of confidence, you probably haven’t done enough preparation. However, there are times a loan rejection probably can’t be overcome. That is if they cite insufficient collateral or want more of a financial commitment from you that you are unable ...

Today’s Commercial Tip: SBA Financing For Business Purchase Do Not Need To Take 6 Months – SBA financing for a business purchase does not need to take 2-6 months as many of our referred consulting clients tell us they were on that path with other financing resources. If a deal is properly structured and presented (customized package) a deal should get financed quickly if taken to the right SBA lender. Our deals on million dollar financings get done ...

Today’s Financing SBA Tip: Physical Assets Make Financing Easier – Tangible assets like inventory, furniture, fixtures, equipment, and receivables can make getting funding for your small business easier. They are much easier than getting funding based on intangible assets. The more tangible assets a business has, the greater the chances of buying it with less down payment. That means you can purchase more for your money.

Today’s Featured SBA Pre-Qualified Business Opportunities:

1. Springfield, Greene County, Missouri based medical supply service business for sale – Sales and ...

Today’s Business Broker Tip: If your is Risky Get a Business Broker – If you have been turned down for a loan or just think you’re likely to be, consider working with a business loan broker. Business loan brokers don’t lend money – they assess your situation and help find a lender.

Brokers can help startups or higher risk businesses get a loan. Since they can bring a bank or lender a lots of business, they may get approvals that you couldn’t get on your own. They’ll also ...

Today’s SBA Commercial s Tip: Get Your Personal Credit Into Shape – As a borrower your track record in paying your bills is an important part of the loan application process. The banks that give SBA loans will conduct a credit examination of the borrower. They then give the results to SBA. The SBA requires that borrowers personally guarantee the loan. It can be hard if you have a low credit score or bankruptcy. If your credit score is low, ...

Today’s Commercial s Tip: Find An Experienced Officer – Seek out an experienced loan officer to work with to get your business financed. Some people are more sales-oriented and may not have the expertise needed. They should be someone who can provide guidance on how to arrange the loan to increase your chances of getting funded.

Today’s Featured Business For Sale Opportunities That Are SBA Pre-Qualified:

1.  Texas based steakhouse with bar company for sale – Come on out to the country! Prominent central ...