How to Purchase Service-based Businesses Using SBA Financing

How to Purchase Service-based Businesses Using SBA Financing

I found a really strong service-based business to buy. It appears to check all the boxes and I even had a banker review the financials and he said the business would easily accommodate the new SBA loan proceeds.

My problem is, I am a little weak financially.

The banker said my experience in the industry was great. I am really looking on some help on finding an investor for the equity injection.

Any tips?

Thanks,
Bruce

Timestamps
[00:12] Beau introduces this episode’s Q&A session with Bill Davis.
[00:19] Go to investorfinancingpodcast.com/ask to ask other questions
[01:22] Start a business with not much capital but with a lot of experience in the industry
[01:27] Ways to get started to run a business, lacking with a bit of equity
[01:31] Partial seller financing
[01:52] Putting an equity line on your own home and pulling out some capital
[01:55] Doing unsecured personal term loans
[02:29] Taking a look at some investor groups who can probably invest in your business
[02:36] Book a call at http://bookwithbeau.com/ to get some tips and ways to raise the capital of your business

Are you a real estate investor or business owner looking to expand? Book a discovery call with Beau to learn all the ways he can help you - https://investorfinancingpodcast.com/rumble

💥 Thanks for watching 💥
#servicebasedbusiness #SBAloan #SBALoans

_________________________________________________________________________________________________ About Beau: Beau Eckstein is a real estate entrepreneur, TV personality, and commercial mortgage advisor, specializing in construction financing and multi-family lending.
_________________________________________________________________________________________________

🎥 The video interviews we do on IFP will help you scale your real estate business and learn how to finance your all your projects.

About the Channel: Want to structure your investments in the right and secure way?

Learn great insights and make the right decisions through the Investor Financing Podcast hosted by Beau Eckstein.