As a fiest time acquirer, if you had liquidity of 3M (currently invested in stocks), how would you go anout financing an acquisition?
1-find something small enough to pay cash for?
2-small asset backed loan for the leverage and keep everything fully invested in the markets?
3-SBA loan for small acquisition?
4-go big and maximize acquisition target based on other available financing?
How much to invest?
by a searcher from University of California, Berkeley
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However, if first-time searcher, I'd probably limit the amount of outside debt you take on at close (can always refinance your equity out later) as well as leave a cushion for working capital. May be worse than you anticipate...