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How to Buy a $2 Million Business for $200K - EP.35

How to Buy a $2 Million Business for $200K - EP.35

FromThe Alternative Investor


How to Buy a $2 Million Business for $200K - EP.35

FromThe Alternative Investor

ratings:
Length:
22 minutes
Released:
Feb 14, 2019
Format:
Podcast episode

Description

Today’s going to be a fun episode because we’re really excited to talk about today’s topic: SBA loans.If you think you need $1 million to get started in buying a company then this episode is for you. You don’t always need to have the capital or the rich uncle — there’s another way.In this episode we’re outlining everything you need to know about SBA loans — specifically the SBA 7(a) loan — and how you can go from dreaming about owning a business to owning one worth millions, yourself.Key Takeaways:[:13] If you’ve been enjoying the show we’d really appreciate you leaving a review on our iTunes page![1:00] About today’s show![2:33] What an SBA loan is.[7:50] Do these loans have fixed or variable interest rates?[9:07] A few of the caveats to getting an SBA loan.[13:21] Why you may not want to go to 90% loan to value.[14:36] Another important caveat if your business depends on the location that it’s at.[16:54] Giving an example of a real business scenario using an SBA loan.[19:07] Who SBA loans are good for and who they’re not good for.Mentioned in this Episode:The Alternative Investor on iTunesSBA LoanSBA 7(a) Loan Wells Fargo Grayson@StablesPartners.com  For More on The Alternative Investor, Check Out:TheAlternativeInvestorShow.com Hosted on Acast. See acast.com/privacy for more information.
Released:
Feb 14, 2019
Format:
Podcast episode

Titles in the series (50)

The Alternative Investor is a show about investing money outside of the stock market (private equity, real estate, venture capital, etc.) where the returns are typically higher but the investment decisions are less straightforward. Join Grayson Morris and Brad Johnson as they discuss investing in alternative assets to help you make better decisions with your investment portfolio. Hosted on Acast. See acast.com/privacy for more information.