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Let’s Buy a Business

Funding an Acquisition between $200-$400k

Mar 24, 2022
08:57

One of the most common questions I get is how to fund a business between the ranges of $200k and $400k.

There aren't great options here because most banks won't loan on this amount, an unproven business sometimes, may not be big enough to support you, etc.

Here are a few options though.

1. Save up. This can take awhile. 2. SBA from a local bank. Has to be local. 3. Find an investor on good terms, make it interesting to them. 4. Short term debt (I'M NOT A FAN OF THIS and don't recommend it) 5. Seller note 6. Find a new sweet spot in terms of price range.

 

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