How to get funds to buy into existing business?

April 10, 2009 12:19 PM

I have a client who has an opportunity to buy into a business, but can't tap into home equity, etc. Are there small business loans that lend to people buying into existing, established companies? Who is good and easy to work with?
posted by ruhlmark to Work & Money (1 answer total)

Has he tried his local bank or credit union?

the SBA handles smaller loans up to 25k.

You can also rent collateral and get cosigners ins ome situations if there's enough profit in the business.

Or a broker/finder who specializes in finding loans for people.

Memail me if you need more help finding funds.
posted by emjay at 2:02 PM on April 13, 2009