Comments on: Buying Versus Starting A Small Business http://www.scoreminnesota.org/2010/07/27/buying-versus-starting-a-small-business/ Counselors to Minnesota's Small Businesses Tue, 24 Jan 2012 15:35:50 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: CommercialFinanceAdvisors http://www.scoreminnesota.org/2010/07/27/buying-versus-starting-a-small-business/comment-page-1/#comment-187 CommercialFinanceAdvisors Tue, 28 Sep 2010 20:10:12 +0000 http://www.scoreminnesota.org/?p=1381#comment-187 This article sparked my interest. We do SBA loans and other <a href="http://www.cfa-commercial.com" rel="nofollow">commercial mortgages</a>. Currently, pure start up financing is almost impossible to get done. There are very few exceptions. As Susan points out buying an existing business with selling financing or a part seller financing is what we see still getting done. For example if you have 20% down in cash, 20% seller financing and 60% loan (sba) that is a transaction that has a solid shot. Jeff This article sparked my interest. We do SBA loans and other commercial mortgages. Currently, pure start up financing is almost impossible to get done. There are very few exceptions.

As Susan points out buying an existing business with selling financing or a part seller financing is what we see still getting done. For example if you have 20% down in cash, 20% seller financing and 60% loan (sba) that is a transaction that has a solid shot.

Jeff

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