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Curtis Carr posted a new Financing A Business thread on 7/9/2011

Operator of Local Business Seeking Loan to Purchase From Current Owner

I currently operate a regional data recovery business. Owner is selling and I would like to purchase the business for 76K. Any great ideas on how to obtain a loan for said amount? Thanks again...
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Michael Chaney Responded on 7/12/2011


what are the revenues?
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Anywhere from 65 - 98 per year. - Curtis Carr 11 on 7/13/2011

 
 

Is there any collateral? Seems like with some little revenue the purchase price would need to be lower - Dan D 1 on 7/18/2011

 
 

*such little revenue - Dan D 1 on 7/18/2011

 
 

I agree, there isnt much to support such a high asking price. - Michael Chaney 1 on 7/18/2011

 
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Stephen Sheppard Responded on 7/12/2011


Curtis I am a Financial Business Consultant/Broker and business credit coach. I assist my clients with everything from small business development to the building of an elite business credit profile that allows them to obtain the financing they need to grow their business, or fund projects like yours. I give my clients access to over 2,000 capital sources around the world. I give them access to a wide variety of financial products. The money you need is not a great amount at all. Many business owners get that from business credit cards. Drop me an email and we can discuss how to make this a reality for you.

Stephen Sheppard
Financial Business Consultant
First Source Financial
Office/206.257.2267
Cell/206.816.5356

email:stephen@businesscreditthetruth.org
www.businesscreditthetruth.org
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