10-27-2020, 08:14 AM
Creative financing options for buying out partners?
submitted by /u/Thekid_chameleon
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I want to buy my two business partners out but my long time bank won’t finance me because the business doesn’t have tangible assets. I own 33%, it would take roughly $100k to buy them out and I don’t have that cash. They want at least 50% in cash and would consider long term payout for the rest. Hard money? SBA loan? Throw some ideas my way
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