BizBen Discussions, Comments, Replies About Business Purchase Financing

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Comments & Replies: 1     Views: 8199     Posted By: Peter Siegel MBA   Peter Siegel MBA: Business Purchase Financing Advisor
Applying for a business acquisition loan can be challenging for someone who hasn't been through that process in the past. If one has a mortgage one knows that the value of the property being pledged has to at least equal the amount of the loan, SBA loans to buy a small business are very different.
Comments & Replies: 10     Views: 15175     Posted By: Peter Siegel MBA   Peter Siegel MBA: Business Purchase Financing Advisor
When considering buying a business that is losing money one has to be very careful. There are reasons that the business could be losing money that aren't fatal or extremely difficult to fix and there are other reasons that should send you running in the other direction. Peter Siegel, MBA explains.
Comments & Replies: 2     Views: 11043     Posted By: Peter Siegel MBA   Peter Siegel MBA: Business Purchase Financing Advisor
When seeking SBA loan financing many potential business buyers have wrong information about the process of securing the best financing to buy a business. Peter Siegel, MBA a business purchase financing expert delves into the myths regarding SBA financing and business purchase financing.
Comments & Replies: 2     Views: 8248     Posted By: Peter Siegel MBA   Peter Siegel MBA: Business Purchase Financing Advisor
We're hearing more and more about "crowd funding" through sites like gofundme and kickstarter as a possible way to raise the cash needed to buy a small business. This method of collecting funds has proven successful in other kinds of situations. Could this strategy work when buying a small business?
Comments & Replies: 3     Views: 8040     Posted By: Peter Siegel MBA   Peter Siegel MBA: BizBen Founder, Lead Advisor
Yes, there are ways to find businesses with growth potential that can be purchased with modest investments. But before offering any ideas about finding cheap businesses, it's important to review some of the risks involved. Peter Siegel (BizBen ProBuy Program) discusses this topic with others.
Comments & Replies: 1     Views: 23489     Posted By: Peter Siegel MBA   Peter Siegel MBA: Business Purchase Financing Advisor
Buying a gas station can be a profitable business. From my experience, here are the pros & cons of buying a gas station that I share with BizBen ProBuy Buyers when they come to me to to get pre-qualified for financing to buy a gas station (with or without real estate). I discuss all these factors.
Comments & Replies: 2     Views: 11811     Posted By: Peter Siegel MBA   Peter Siegel MBA: Business Purchase Financing Advisor
In this Discussion, we define financing options available to potential restaurant buyers when purchasing a small to mid-sized restaurant business (with or without real estate). When it comes to financing a restaurant purchase, potential restaurant buyers have several options to choose from.
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