
Acquiring a $280k SaaS on MicroAcquire
Acquiring Minds
00:00
How to Financing a SMB Business
I didn't have a good, good experience with the banking stuff. And so what I ended up doing was I just treated it like a real estate deal. Went to two banks to generate a loan and it just wasn't. So I put up some of my own money,. He put up the rest and I pay him monthly. The whole the business pays for itself. It's for the loan and kicks out cash. That's not enough to live on. But what I'm trying to do right now, it doesn't require me to live on it.
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