Ah, one of my favorite communities – that of the Business Broker!
I seriously love you guys – running around, finding deals, determining realistic valuation multiples, setting seller expectations, finding buyers, and of course figuring out financing. I also love Shakespeare, so I’ve decided to regal you with a semi-poetic perspective on business broker financing!
So, to finance, or not to finance, that is the question! Whether ’tis nobler in the mind to depend on seller financing. The slings and arrows of outrageous fortune and stodgy banks. Or to take arms against a sea of troubles, and consider the services of your friendly commercial finance broker (ahem, ahem). And by doing so, closing more deals! To avoid the heartache, and the thousand natural shocks, associated with unrealistic seller financing expectations and the overly burdensome underwriting criteria of branch oriented banks.
WooHoo! Bet you never thought you’d get a Hamlet themed marketing message! That’s just how we roll over here at Funds INC.
Fundamentally, we are nerds with calculators. We know SBA guidelines like the back of our hands, and we can tell you in 15 minutes if a deal is SBA eligible. We simultaneously submit our files to multiple preferred lenders and we routinely close deals that branch oriented bankers won’t consider. We can improve your closure rates and time to close.
You can bring us in at any point in the process. Have a new deal and trying to figure out your options? Give us a call. Have a buyer on the line and not sure if he will qualify? Give us a call. Need some data to help set expectations with your seller? Give us a call.
You never know, worst case scenario, you might get a little free Shakespeare.