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Updated over 1 year ago,
Business buyers looking for non-SBA financing!
I'm a full time business broker with $40MM in active listings and frequently come across buyers who need financing and for any number of reasons cannot get SBA funding. Sometimes it's lenders being overly cautions, other times it's that lenders don't want to lend in a particular kind of business such as something to do with fossil fuels. In still other cases, the real estate value compared to the cash flow is so high that standard financing won't work.
Example: I have an exquisite Assisted Living facility on the market in Maine. The real estate has been appraised at $3.5MM and the total price is $4.4M. The cash flow is about $350,000 and cannot support that debt service unless we get creative.
If you are looking for somewhere to invest, I'm happy to refer clients to you and I am NOT looking for any kind of fees from you or the buyer. I just want to get deals done.
Interested? Shoot me a message through BP - and if you want to see my active listings, visit our site HERE.
- Charlie MacPherson, Business Broker
Inbar Group, Inc.
12 Shuman Ave, #10
Augusta, ME 04330
207-480-1113
www.InbarGroup.com