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communick@indiehackers.space

Where can I go to find financing to buy a 6-7M business? Located in Bay Area (alien.top)

submitted 10 months ago by theMEtheWORLDcantSEE@alien.top to c/entrepreneur@indiehackers.space

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I would like to buy a large business that cash flows but I need a lot of money to buy it, where do I start? I could leverage my house?

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[–] Dirty_magnum@alien.top 1 points 10 months ago (1 children)

Go visit tech credit union. They are a pretty great to work with even though the other website is a piece of crap and do a ton of SBA loans. You’ll only be able to get 5 million max so you’ll have to come up with the rest somewhere else. Is the seller willing to carry a note?

[–] theMEtheWORLDcantSEE@alien.top 1 points 10 months ago

Not sure if he would carry? I’ll have to investigate. The business is not tech, fairly similar to hotels.