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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[–] redperson92@alien.top 1 points 11 months ago (2 children)

my experience with SBA was absolute crap. they would not lend me a penny, eventhough I was willing to put 50% of the price. SBA are piece of shit. All they wanted to do was make me go on seminars and give me useless advice.

[–] Status-Effort-9380@alien.top 1 points 11 months ago (1 children)

You need to work with SCORE to develop a business plan. The SCORE people usually have the pipelines to the lenders.

[–] redperson92@alien.top 1 points 11 months ago

yup did that as well.

[–] rocksrgud@alien.top 1 points 11 months ago (1 children)

Maybe if you went to those seminars you’d understand what SBA actually does

[–] redperson92@alien.top 1 points 11 months ago

I did go and did understand what they did. still of opinion that they are useless.