You want to buy a business. How excited is your bank about financing it?
TB Business Finance recently closed a purchase loan to buy a machine shop after the buyer was turned down by a big Bank.
The machine shop was profitable and the seller after 25 years in the industry wanted to retire. When the big Bank turned down the loan request the seller asked the buyer to call TB Business Finance. It took two months as it was challenging but I closed the loan with excellent terms. A 10 year loan at 5% interest.
Business purchase loans are challenging. An existing business owner wanting to buy out another business may face difficulties because he is aggressive in deductions on his tax return to save taxes.
An individual wanting to buy his first business will find that the banks are reluctant to finance a buyer lacking business experience.
TB Business Finance has the experience needed get your loan approved
· Joe Monte, the owner, is a past member of the California Association of Business Brokers. He has worked in the Business Brokerage Industry and understands how to properly show the value of a business and how to finance it.
· Business Owners are the exclusive client base for TB Business Finance. This is the only market we serve and we are experts at providing financing for business owners.
· We quickly evaluate your situation. We never charge upfront fees and only get paid when we close your loan. We don’t want to waste your or our time. If we don’t think we can get you a loan we will let you know immediately. However TB has succeeded in obtaining financing for clients who had been turned down numerous times.
TB Business Finance recently closed a purchase loan to buy a machine shop after the buyer was turned down by a big Bank.
The machine shop was profitable and the seller after 25 years in the industry wanted to retire. When the big Bank turned down the loan request the seller asked the buyer to call TB Business Finance. It took two months as it was challenging but I closed the loan with excellent terms. A 10 year loan at 5% interest.
Business purchase loans are challenging. An existing business owner wanting to buy out another business may face difficulties because he is aggressive in deductions on his tax return to save taxes.
An individual wanting to buy his first business will find that the banks are reluctant to finance a buyer lacking business experience.
TB Business Finance has the experience needed get your loan approved
· Joe Monte, the owner, is a past member of the California Association of Business Brokers. He has worked in the Business Brokerage Industry and understands how to properly show the value of a business and how to finance it.
· Business Owners are the exclusive client base for TB Business Finance. This is the only market we serve and we are experts at providing financing for business owners.
· We quickly evaluate your situation. We never charge upfront fees and only get paid when we close your loan. We don’t want to waste your or our time. If we don’t think we can get you a loan we will let you know immediately. However TB has succeeded in obtaining financing for clients who had been turned down numerous times.