2min chapter

Buy and Build cover image

Ep 49: I Acquired a Fantastic Business, But It Was a Challenge

Buy and Build

CHAPTER

How to Choose the Right Financing Broker

Rode X expected a decent upfront payment if any lender showed initial interest and kind of negotiations would begin. Then obviously a pretty chunky success fee and then kind of a waterfall, I don't know if that's the right term, success fee on any future deals done with the same lender. In the grand scheme of things, it's probably not massive. But to be honest, if you're trying to weigh up value added versus price, I understand it's a small fee in the grand schemes of things in the overall investment.

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