Discover How to Buy a Business with Little to None of Your Own Money!

Learn how you can get 100% funding to buy a business. Not like real estate investing or stock trading, but the business of your dreams — like a coffee shop, hair salon, spa, retail store, auto shop, liquor store, restaurant, sports bar, etc.



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Bank Loans For Business

Entrepreneurs seeking capital to start or acquire a business face a tough road in seeking business loans from traditional bank lenders.

The sad truth is if you’re counting on a bank to provide all of the money you need to buy or start a new business, you’re likely in for a lot of frustration. Banks are not the major providers of small business capital. Traditionally, banks have provided only about 7 percent (7%) of all small business financing on average. The situation has gotten even worse since the 2008 financial crisis. Industry experts say bank business loans have decreased 27 percent (27%) between 2008 and 2013.

Even if you’re able to get a bank loan for business start-up or acquisition costs, chances are that it won’t cover all your needs, will require a large down payment on your part, and that you satisfy other qualifiers. Bank loans will also often require the seller to finance 10 percent (10%) of the loan, if you’re buying an existing business. Bank loans will also require liens on the business property and your personal property as well.

There is an alternative to bank loans for small businesses, however. A variety of non-bank lenders provide start-up capital for businesses. These lenders use alternative criteria to judge creditworthiness and are more likely to extend credit to new entrepreneurs. By stacking several of these sources of funding together, entrepreneurs can find the funding they need to get their small business off the ground.

If you’re looking for financing, your best option is likely to be seeking funds sources other than that of SBA guaranteed bank loans. Beyond Breakeven, Inc. can help small business entrepreneurs searching for financing for their companies find the capital they need without having to deal directly with banks, venture capitalist or private investors who will micromanage your company. Nor will the wannabe entrepreneur have to resort to using money brokers who will charge high fees while lowering person credit scores by shopping the loan, which results in numerous credit inquiries. Beyond Breakeven, Inc. can connect entrepreneurs with sources of financing that do not require down payments, collateral or previous business ownership experience for financing approval.