So LOI accepted on my first acquisition (hooray!) this past week. Spoke to a lender already and she asked “Why this business if you have no experience or expertise in it?”
How have y’all addressed this and what is the lender looking for in an answer?
Thx
Addressing the ‘don’t have experience’ concern with lender
by a searcher from California State University, Long Beach
More on Searchfunder
Searchfunder is an online community and toolkit for searchfunds. Over 80% of those involved in searchfunds maintain a Searchfunder.com account to help them network, problem solve challenges, and keep up with the industry.
We maintain partnerships with database providers that make searching more effective, efficient and affordable along with features that help searchers find deals and investors and vice versa.
We maintain partnerships with database providers that make searching more effective, efficient and affordable along with features that help searchers find deals and investors and vice versa.
169 views
8 comments
Sign in to see all replies.
Create an account.