Who can help with Asset financing to help acquire a business?

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February 22, 2023

by a searcher in Austin, TX, USA

We are working on a business advanced stage of discussions. (before LOI)> we need to see what options we have to structure the deal. Who do you recommend for equipment finance. This is going to be in California.

sandeep

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commentor profile
Reply by an intermediary
from The University of Chicago in Chicago, IL, USA
Are you exploring non-SBA option? With SBA there is no separate asset financing. With commercial lenders, amortization will be significantly shorter (for most asset types). DM if more clarity.
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Reply by a searcher
from University of Texas at Austin in Dallas, TX, USA
Can you assume the existing equipment financing? That is going to be a better rate than what you get today from a new lender.
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