
Empire Flippers-The Opportunity Podcast Ep126 guest David C Barnett
David C Barnett Small Business and Deal Making M&A SMB
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How to Financing a Business
The typical formula for buying a business is that you have some money of your own, your equity. And then you might borrow from a bank against any assets that might be serving as collateral. If you try to buy a business with no equity, then the bank is going to be like, hmm, if something goes wrong, you're just going to bail. Why would we invest?
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