Greetings!
So, you’ve found a business you like. Now what? Financing can often be a stumbling block between the business dream and the reality. You will definitely need a down payment but how much is dependent on the type of business you want to purchase and the type of financing you secure.
Your current banker can provide information on the products that they work with, and in some cases seller financing may help, but there are other loan providers and facilitators and an assortment of options.
Speaking to a variety of people early in your search will help you to achieve your goals in the end. Some good resources in addition to bankers are
Capital Region Development Council
(CRDC), particularly for real estate SBA guaranteed financing. The
SBA
(US Small Business Administration) has a wealth of information about their guarantee programs even though they do not lend directly.
Often the best sources of funding for small businesses are smaller community banks in the area of the business. For more substantial businesses there are a number of nationwide organizations competing to offer SBA guaranteed loans for all kinds of businesses.
If the business you are buying is one of our listings we usually have suggestions of sources.
Check out our new and featured businesses below. If these don't meet your criteria, view our complete list of businesses available on our
website
. If nothing there matches your requirements, give us a call or send a
message
and let is know what would be ideal for you.
Best Regards,
Leon Parker, President
603-715-1097
