If only I was paid a dime for every buyer that has came to me thinking they can finance a business with no money down. The truth is and this has surely nothing to do with the current financial crisis. You cannot finance a business with no money down. Now before the emails start filling my mailbox up with exceptions please let me by comparison myself.
Financing a small business requires one of these 2 options: A down payment from the buyer and jobber financing for the balance, or a 100% buy by the buyer with no jobber financing. Let's discuss them in more detail.
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Down payment & jobber Financing:
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