Whether you’re a business owner looking to sell your firm or a budding entrepreneur looking to acquire a business, the common denominator to a successful transaction is having the financial capital necessary to accomplish the deal. Seller financing plays a role in more than 50 percent of mid-size business sales and nearly 90 percent of small-business transactions. Seller financing, often called owner financing, is an attractive option for buyers and sellers. Continue Reading…
How to Finance the Purchase of a Business
Acquiring an existing business is usually less risky than starting your own and is a quick way to enter the business world. For other entrepreneurs, buying a business represents a stable way to expand an existing business or increase market share. Either way, most buyers will need a business purchase loan to complete the transaction.