5 Ways to Finance Buying a Small Business

5 Ways to Finance Buying a Small Business
  • SBA Loans: Borrowers looking for the long repayment terms and low interest rates.

  • Rollover for Business Startups (ROBS): Funding a business purchase or loan down payment from your for borrowers with $50K+ in retirement funds.

  • Seller Financing: Requesting the owner of the business to loan you some of the money to buy the business, in addition to upfront money from the buyer.

  • Home Equity Line of Credit: HELOC & HEL: Borrowers who have +20% equity in their homes and a good credit score of +620 can usually qualify for a home equity loan to finance buying a business. 

  • Loans from Family & Friends:  Buyers who have friends or family who believe in them and will loan them money to help them buy a business. 

This checklist was created by anthonycaliendo

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