Bank Loans are an option that some Potential Buyer can use to finance the purchase of a business. Banks and other lending agencies provide unsecured loans commensurate with the cash available for servicing the debt. “Unsecured” is a misleading term, because banks and other lenders of this type will aim to secure their loans…
Posts Tagged ‘Bank Loans’
Business Purchase Financing: Bank Loans
Wednesday, March 23rd, 2016
Seller FAQs: Owner Financing
Monday, March 14th, 2016The first logical question is what is owner financing? In the most basic terms, Owner financing is a loan given to a Business Buyer that comes from the revenues of the business. The rest of the purchase price is covered by the Buyers down payment and other financing. While not always necessary, the majority of…
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