Wednesday, July 3, 2019

Big Loans for Small Businesses. Is 90% SBA financing a good idea?

Is borrowing 90% of the purchase price of a business a good idea?

Currently, American entrepreneurs are able to put only 5% down and borrow 90% from a bank and 5% from the seller to buy a business.

This is a lot of borrowing.  Otherwise known as leverage.

Is borrowing $19 for every $1 of your own money put into an acquisition a good idea?

Does it matter WHO you borrow money from?

I answer these questions and more from a viewer who worries about the risk of a big bank loan.

Check out the conversation here:

Here is the video I mention about a 90% financing disaster:

Learn how to buy a successful business at

Book a call with me at  

Stop missing my videos and other news. Join my email list here: 

#entrepreneurship #smallbiz #business #sba #financing #businessfinancing #businessloan

No comments:

Post a Comment