Just Elementary, Inc. » Entries tagged with "Business Acquisition Bank Loan"
Using SBA 7(A) & SBA/CDC 504 loans for Working Capital, Equipment Financing, Real Estate Purchase, Debt Refinancing, Business Acquisition & More
A lack of access to financing can be a major impediment to rapidly growing a business. Qualifying for bank loans and financing is a tricky process. SBA loans are often viewed as an easy to get loan, but it is important to make sure you understand what the loans are for, and even more important to figure out which banks are interested in doing the loans for businesses in your industry. The Two primary types of … Read entire article »
Filed under: SBA
Seller Financing Why & Why Not to offer it in Selling your Business
Given the serious tightening of lending criteria, we’re back to the good ‘ol days of using seller financing to sell businesses again. So, what are the things you should consider in deciding whether or not to offer seller financing? (A) Why you shouldn’t offer seller financing: You need all of the money upfront You have to payoff business debts You are concerned you won’t get paid back (B) Reasons you should offer seller financing: Make buyers feel the business offering is credible … Read entire article »
Filed under: Business Tips, Selling A Business