this post was submitted on 16 Nov 2023
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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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[–] GRABnGO2020@alien.top 1 points 10 months ago

first make sure its really worth 6 - 7M if that value is coming from "assets" then make sure that the inventory has salable value ...if the SBA will only lend 5m then offer 4.5M ...hey just because the seller says 6 does not mean they won't take 5M