Does anyone have experience buying an Invoice Factoring Business utilizing some portion of debt (+ seller financing)?
I am working on purchasing a >15 year year-old invoice factoring business. The business is focused on serving small-to-mid size staffing firms (primarily healthcare). The owner is willing to finance ~50% of the transaction value via a sellers note, but would like to have a meaningful liquidity event on the front-end of the sale. They seller is willing to continue in the business full-time for up to 18 months, and then consult for another 18 months.
Cursory review suggests SBA is not an option, and few Banks/BDCs/etc. seem to have an appetite for this sector.
Please share any thought or feedback. Thanks!
Does anyone have experience buying a Invoice Factoring Business
by a searcher from University of Kansas
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.
38 views
0 comments
Sign in to see all replies.
Create an account.