Category: Financing The Purchase

Question: I have a business financing question. Let's say I want to buy a business that has a sales price of $230,000. The seller is offering seller financing of $130,000, thus all I need is a $100,000 down payment. My…

Question: I have worked in the childcare industry for many years. I am now interested in purchasing a day care center. I have found a center I wish to purchase in another state. Because of my 25 years of managing…

I am in the process of negotiating to buy a business directly from the seller. The seller is absolutely refusing to carry back a note. I have explained to him that most deals are done this way, but he says…

Q: I am currently in escrow to buy a service business and I recall one of your articles indicating that a valid exception for IRA use is to buy a business. Is this the case and where can I find…

Q: I'm interested in buying a small but profitable online business. I would need to get an SBA loan to finance the purchase. The problem is that the business has only been in operation for about 9 months. Also, being…

Q: Can you explain how Seller Financing is typically handled in a deal? I'm in negotiations to buy a business now, and I want to make sure this is included, but I'm not sure how much to ask for or…

Q: We have $40,000 to start a new business. But the business we want costs $200,000. The actual owner is not reporting the exact amount of money that the business produces. How can I convince the SBA to give me…

Q: I am looking to purchase a business, and I found a company that is offering to use my 401K and IRA funds to set up the company. It sounds like a good deal. Do you have any information on…

Question: I have owned and operated a Domino's franchise for five and a half years and now I have found an under-priced pizza restaurant in Hawaii. The problem is due to certain events I obtained a lot of bad marks…

Q: I have a question about SBA qualifying: 3 years ago I sold a very successful post production business. The sale was due to a horrific partnership. The buyers bankrupted the business and I never got released from my largest…