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07-20-2017, 11:48 AM #1Senior Member
Reputation points: 1232
- Join Date
- Jan 2017
- Posts
- 116
Business Purchase
Lender recommendations for business purchase?
2 scenarios -
Broad Strokes:
- Laundromat(280k) and a Restaurant(75k)
- Buyers have no real estate/hard assets to collateralize.
- Buyers have 750 and 680 scores respectively.
- Downpayments - 25% and 33% of sales price.
- Both profitable businesses.
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