There is a “truism” in our business: “Unless you want to give your business away, if a business is not financiable, it is not sellable.”
The three most important people in buying and/or selling a business are:
We have established working relationships with well over 50 local, national, major lenders that we would be glad to introduce you the Buyer to. There is no obligation to use any of our Strategic Partner Lenders. Please note that each kind of Lender has their own unique Lending Profile, including $ amount of the kinds of loans they can or like to do, kinds of businesses they will and will not deal with, etc. If you would like to know more as to how any of these sources might help you, contact us.
- SBA Program Preferred Lenders: There are three levels of SBA Program Lenders: General Lenders, Certified Lenders and Preferred Lenders. Knowing the difference and why knowing can save you time and money. Unless there are mitigating circumstances, we recommend working with Preferred Lenders. We will be glad to explain why when you contact us. Can you use both the 7(a) Program (for business acquisition)and the 504 Program (for acquisition of long-term assets like: land, building, machinery and equipment)? Perhaps. Over the years, we have built excellent Strategic Partnerships with these people. If you would like to know more as to how this source might help you, contact us.
- Conventional Lenders: There are many Conventional Lenders anxious to work with you and us to help finance your acquisition. However, many different Conventional Lenders have businesses and industries they like to invest in, and those they do not like to invest in. Over the years, we have built excellent Strategic Partnerships with these people. If you would like to know more as to how this source might help you, contact us.
- Non-Conventional Lenders: There are many Non-Conventional Lenders anxious to work with you and us to help finance your acquisition.These are people who are not conventional banks, but are in the business of loaning money to acquire businesses. And, like Conventional Lenders they have businesses and industries they like to invest in, and those they do not like to invest in. Over the years, we have built excellent Strategic Partnerships with these people. If you would like to know more as to how this source might help you, contact us.
- Loan Brokers: A Loan Broker is in the business of finding the right Lender for “harder than normal to finance” business acquisitions. This is a very specific skill set and we are fortunate to have very good Strategic Partnerships with the best in the business. And, like Conventional Lenders they have businesses and industries they like to invest in, and those they do not like to invest in. Over the years, we have built excellent Strategic Partnerships with these people. If you would like to know more as to how this source might help you, contact us.
- PEG’s and PIG’s: Private Equity Groups and Private Investment Groups. These are very good sources for the acquisition of larger businesses. These groups normally take an equity position, rather than loan money. As you can imagine, they want an ROI and an Exit Plan in a specified period of time. And, like Conventional Lenders they have businesses and industries they like to invest in, and those they do not like to invest in. Over the years, we have built excellent Strategic Partnerships with these people. If you would like to know more as to how this source might help you, contact us.
- SBIC’s (Small Business Investment Companies): The SBIC Program was started in 1958 by the SBA to fill the gap between the availability of Venture Capital and the needs of “small business” in start-up and growth situations. This is a very unique program that does not fit for everyone, but when it does, is quite a good financing way of acquiring a company. They want an ROI and an Exit Plan in a specified period of time. And, like Conventional Lenders they have businesses and industries they like to invest in, and those they do not like to invest in. Over the years, we have built excellent Strategic Partnerships with these people. If you would like to know more as to how this source might help you, contact us.
- Special High-Net-Worth People Representatives: These special High-Net-Worth People Representatives have Clients that have created and/or inherited significant wealth. Some of these High-Net-Worth People still like to invest in people and/or “things.” When these High-Net-Worth People consider investing, they have very different investment criteria and profiles. They want an ROI and an Exit Plan in a specified period of time. Like Conventional Lenders they have businesses and industries they like to invest in, and those they do not like to invest in. Over the years, we have built excellent Strategic Partnerships with these people. If you would like to know more as to how this source might help you, contact us.
- International Money People and/or Their Representatives: Very similar to special High-Net-Worth People and/or Their Representatives, except they are based outside the United States. If you would like to know more as to how this source might help you, contact us.
Click here if you would like to arrange for a free, confidential, no-obligation conversation, or call 703-754-8829.