I'm looking at a communications company going for $5 million. While there are a lot of things to still consider, the 1st obstacle I'm thinking about is the enormous purchase price.

The seller is ok with a 10% seller note, so I am wondering about offering terms of a 5% note and requesting a loan for the other 5% to match the SBA downpayment requirements from the buyer. Other factors: I own a software company that grosses about 200k that I would possibly be willing to leverage.

Would appreciate feedback on possible courses of action, the deal size is intimidating when self-funded.