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What resources do you know of to obtain financing to buy a small business? |
My husband's boss recently offered to sell him the company. It is a very lucrative company and we are very serious about buying it. I need some help finding institutions that will finance such an endeavor. Any information helps! Thanks One of the best things you can do is have a great relationship with your banker. They can pave the way to great things for you if you are on good terms. Visit a few banks, meet with some bankers, and have a great business plan for them to see. And listen to their advice! |
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If you are individual, who has an entrepreneurial spirit, you can easily get a loan offered by the federal government. This loan allows you to start a small business. The department of Small Busine... It is hard to find grants to start a business. Unlike the myths that some perpetuate, federal government and even private foundations hardly give grant money for a for-profit business. Nonethele... The standard approach is to develop a BUSINESS PLAN to show how the investment of additional funds can be used to improve the business, and most importantly get funds back to pay back the investors... First of all beware of scams offering you bank loans. If you have any equipment that you don't need have you considered selling it through a service like Ebay or your local classifieds. This... A business line of credit is an approved amount of money that you can draw against. For example if you have a $100,000 line of credit the bank keeps that 100k in an account that you draw from. It ... go to the BBB and beg... sometimes it works .. sometimes not... better hurry up though.. if the dems get in office.. they will cut that budget all to hell they dont want people to succeed ...What country? ...I started my first business with a bank loan. When I paid it back early, they were my best friends and offered an even bigger loan (that I didn't need). My second business was started from m... |
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