I have an opportunity to fulfill a dream of mine and purchase the company I currently work at, a small sign shop. However, I lack the funds to do so and I am looking for options to raise money. Does anyone have any suggestions and Is it against the rules to post a GoFundMe here?
Thank you very much for your time and consideration!
What’s the proposed purchase price? If you’re in the U.S. and can utilize SBA financing the Seller can carry a note for 7.5% of the purchase price (must be standby or interest-only for 2 years, then amortized to zero over the remaining term with no balloon) and you only need to come up with 2.5%.