Ep 46: Building an Integrated Healthcare Group [7 acquisitions, 2 exits] - Ross Tomkins [Alphagenix, Normedica]
Buy and Build
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How to Find the Debt Market in the Small Business Market
We've paid between 50 and 70% on day one, often using a cash flow loan. Because we are quite passionate about those sort of small to medium-sized deals,. I like that for a number of reasons. We haven't struggled. You do tend to pay a little more for it. So you're looking at maybe a four-year term, 10% interest. But again, it comes back to mindset. Some people might say that's a high interest rate. But I would argue that equity is way more expensive.
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