Using machinery for collateral when borrowing to buy a business.
Some people online say it’s easy to use a business’ equipment and other assets to borrow to fund an acquisition.
Is this really true?
This week I explain the different definitions of value and we’ll see if ‘Asset Based Lenders’ are truly the answer to getting ‘no-strings attached’ money to buy a business.
Watch as I explain how a pizza oven can have many different values depending on what’s happening: https://youtu.be/hojEFy-pFtc
Learn how to buy an already-successful and profitable business even in the covid-recession of 2020: https://www.BusinessBuyerAdvantage.com
Book a call with me at https://www.clarity.fm/davidbarnett
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