There are nearly endless reasons why one might want to buy an existing business, ranging from a known track record of success, an established customer base, and proven cash flow. However, not everyone has the money available in the bank to support such a large purchase. As a result, most buyers turn to some form of financing.
Let’s take a look at some of the most common methods available to finance a business. Feel free to reach out to our business brokers in CT, VT, NY, MI, PA or NJ if you’re interested in advice on financing.
Source Link: https://inbargroup.com/financing-options-for-business-buyers/