Profits On Purpose | SBA loan
34
archive,tag,tag-sba-loan,tag-34,ajax_fade,page_not_loaded,,qode_grid_1300,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-17.1,qode-theme-bridge,disabled_footer_top,wpb-js-composer js-comp-ver-6.0.5,vc_responsive
 

SBA loan Tag

  • All
  • Acquisitions
  • Banking
  • Financial Management
  • Financing
  • Forecasting and Budgeting
  • Growing Your Business
  • Podcasts
  • Profitability Coaching
  • Uncategorized
I have several clients that are involved in business acquisitions. With a sluggish economy, many are attracted to the opportunity to acquire business versus grow organically. If you’re deciding to buy a company, here are 3 things you must know about financing the acquisition.
The baby boomer generation is retiring and those who are business owners are selling their businesses. So, where do you start? How much do you pay for the business? What's it worth? How do I get if financed? Depending on your situation, you may only buy and sell one business in your lifetime, so you want to do it right.
There seems to be a lot of business acquisition activity in the marketplace right now. I have several clients that are in various stages of this process. Depending on whether you're on the buy side or the sell side, here are three ways the acquisition can get financed.
Securing financing for your business can be challenging.  Whether you're borrowing money for the first time to start your business or you're looking for a loan to grow, the lending criteria banks use can be rigorous.  It's important to know what are the must haves that a bank is looking for to approve your loan.  Here are the top 4:
If you're thinking about starting a business, you know you're going to need financing. Some banks like lending to start ups, some don't. You've heard of the 5 C's of credit:
ARE YOU READY? GET IT NOW!
Increase more than 500% of Email Subscribers!
Your Information will never be shared with any third party.
CONTACT US
FOR A FREE CONSULTATION
Thank You. We will contact you as soon as possible.
CONTACT US
We are confident that we can help you create or refine your financial plans, and coach you through the steps needed to realize your goals.
Thank You. We will contact you as soon as possible.
WEEKLY TIPS FROM THE
PROFITABILITY COACH
Get expert financial and business management advice
to help you identify what’s holding you back and how to fix it.
Your information will never be shared with any third party.
PGRpdiBpZD0naWZyYW1lXzM2MzEnIGl0ZW1wcm9wPSd2aWRlbycgaXRlbXNjb3BlPSJpdGVtc2NvcGUiIGl0ZW10eXBlPSdodHRwOi8vc2NoZW1hLm9yZy9WaWRlb09iamVjdCcgc3R5bGU9InBvc2l0aW9uOiByZWxhdGl2ZTsgcGFkZGluZy1ib3R0b206IDU2LjI1JTsgaGVpZ2h0OiAwOyI+DQrCoCA8bWV0YSBpdGVtcHJvcD0nbmFtZScgY29udGVudD0iTWVldCBNY0Rlcm1vdHQgRmluYW5jaWFsIFNvbHV0aW9ucyIvPg0KwqAgPG1ldGEgaXRlbXByb3A9InVwbG9hZERhdGUiIGNvbnRlbnQ9IjIwMTktMTAtMjEgMTU6MTg6NTIgLTA0MDAiLz4NCsKgwqDCoCA8bWV0YSBpdGVtcHJvcD0ndGh1bWJuYWlsVXJsJyBjb250ZW50PSdodHRwczovL2RiNjI5YzAzNGQ5NjkyMDM3ZmVjLTJmNzg4ZjJlMmQ4MjQyMjBkODhlNDEwMzM1NTFlYzlkLnNzbC5jZjEucmFja2Nkbi5jb20vOTgzYzNjMTBlNGQ5MTFlNzk2MjExZmRkZWY4MDliZjFfVmlkZW8tMS1EMy0xMjE5MjAxNy5qcGcnLz4NCsKgwqDCoCA8bWV0YSBpdGVtcHJvcD0iY29udGVudFVSTCIgY29udGVudD0iaHR0cHM6Ly9kYjYyOWMwMzRkOTY5MjAzN2ZlYy0yZjc4OGYyZTJkODI0MjIwZDg4ZTQxMDMzNTUxZWM5ZC5zc2wuY2YxLnJhY2tjZG4uY29tLzk4M2I1MWIwZTRkOTExZTc4ZDIwNDljZGQ2ZjNmZjdjX1ZpZGVvLTEtRDMtMTIxOTIwMTcubXA0IiAvPg0KwqAgPG1ldGEgaXRlbXByb3A9ImR1cmF0aW9uIiBjb250ZW50PSJQVDEyMy45OVMiIC8+DQrCoCA8bWV0YSBpdGVtcHJvcD0iZGVzY3JpcHRpb24iIGNvbnRlbnQ9IkluIHRoaXMgc2hvcnQgaW50cm8gdmlkZW8sIEJpbGwgTWNEZXJtb3R0IGV4cGxhaW5zIHRoZSB2YWx1ZSBvZiBvdXIgY29hY2hpbmcgc2VydmljZXMgYW5kIGhvdyBNY0Rlcm1vdHQgRmluYW5jaWFsIFNvbHV0aW9ucyBjYW4gaGVscCBncm93IHlvdXIgYnVzaW5lc3MgdG8gdGhlIGhpZ2hlc3QgbWFyZ2luIG9mIHByb2ZpdGFiaWxpdHkuICIvPg0KwqDCoMKgIDxpZnJhbWUgc3JjPSdodHRwczovL2QwNDI0OTA5NTI4NWFiZTExZGY5LWZiN2Q0NWU3MDQxNGUxNGU2NGMxYzYxZWE1ODQwMjdjLnNzbC5jZjEucmFja2Nkbi5jb20vMzYzMS5odG1sJyBhbGxvd2Z1bGxzY3JlZW49InRydWUiIHdpZHRoPSIxMDAlIiBoZWlnaHQ9IjEwMCUiIGZyYW1lQm9yZGVyPSIwIiBzY3JvbGxpbmc9Im5vIiBzdHlsZT0icG9zaXRpb246IGFic29sdXRlOyB0b3A6IDA7IGxlZnQ6IDA7Ij48L2lmcmFtZT4NCjwvZGl2Pg==