SBA loans take collateral. You must have assets to get one.Hello, I am very interested in the Mergers and Acquisitions arena. However, I am would need to start working on no money down deals. I have started reviewing business listings from online brokers. I will need to find a seller willing to carryback a portion of the sale and find a preferred SBA lender.
Does anyone here have any experience in this field? Especially starting off on a shoestring, like I am.
Wade Pennell
I feel like you're putting the cart before the horse. Do you have any business experience? How do you know if you are buying a dying one? And how do you know how much that business is worth? Have you noticed? Most businesses fail. You can pick up assets from a failed business all day long for pennies on a dollar. The basic business ideas are free.