Types of Financing When Buying A Business
Even before you begin looking for a business to buy it is smart to know what kind of financing options are available.
Even before you begin looking for a business to buy it is smart to know what kind of financing options are available.
There are many options for financing the purchase of a business. Make sure you do thorough research on the great opportunities that exist right now and balance them against what works best for you.
With the extension of the 2020 Cares Act, the SBA is offering excellent enhancements on specific loans including waiving fees and making the principal and interest payments for a set period of time (some exclusions apply). Now is a great time for business buyers to take advantage of these opportunities.
Financing can be one of the most challenging aspects of buying a business. Make sure you research all available options including talking with the SBA about the extension of the 2020 Cares Act.
Receive Buyer Insights by email