Looking for Existing Business Acquisition Loan
Need a Funder or Vendor? START HERE

Results 1 to 6 of 6
  1. #1

    Looking for Existing Business Acquisition Loan

    I am a small business owner looking into purchasing a larger company in the same field I work in. This is a swimming pool repair and service company that was established in 1979 and is in an affluent area. The purchase price is $200k but the owner is willing to carry some of that if needed. The average gross for the last 3 years is 350k. Have been looking into sba loans but am unable to come up with the injection amount and am not a home owner. Anyone around here that can help? Have all financials for the business and myself. Thanks for your help

  2. #2
    Banned Reputation points: 4530
    Join Date
    Mar 2014
    Location
    Ann Arbor, Michigan
    Posts
    1,289

    I think we can help. We have an SBA loan product that requires NO down payment.
    If you qualify we should be able to get up to $150,000
    Bob Shaw
    734.929.3800
    rshaw@advancecredit.com

  3. #3
    Thank you for the information Bob. I will be in contact shortly.

  4. #4
    Banned Reputation points: 4530
    Join Date
    Mar 2014
    Location
    Ann Arbor, Michigan
    Posts
    1,289

    I'm here all day. Please keep it in mind that I'm on EST.
    Thanks, Bob
    734-929-3800
    rshaw@advancecredit.com

  5. #5
    Banned Reputation points: 4530
    Join Date
    Mar 2014
    Location
    Ann Arbor, Michigan
    Posts
    1,289

    Quote Originally Posted by poolguyca View Post
    Thank you for the information Bob. I will be in contact shortly.
    Has this deal been funded?

  6. #6
    Has this deal been funded? contact customercare@finbanks.com

Similar Threads

  1. Assisted Living Facility Acquisition
    By mca123 in forum Deal Bin
    Replies: 3
    Last Post: 10-16-2014, 11:44 AM
  2. Existing client wants to finance gov't invoices
    By SimplyMark in forum Deal Bin
    Replies: 1
    Last Post: 09-29-2014, 11:26 PM
  3. Funding for buying existing business
    By Make yor luck in forum Business Loans
    Replies: 0
    Last Post: 06-30-2014, 06:17 PM
  4. Replies: 6
    Last Post: 05-29-2014, 07:52 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

Lendica partners w/ EBizCharge
Pipe plans to fund $1B to SMBs
URBN partners with Stripe


DIRECTORY