How to Buy a $2 Million Business for $200K - EP.35

How to Buy a $2 Million Business for $200K - EP.35

Author: Brad Johnson February 14, 2019 Duration: 21:52

Today’s going to be a fun episode because we’re really excited to talk about today’s topic: SBA loans.


If you think you need $1 million to get started in buying a company then this episode is for you. You don’t always need to have the capital or the rich uncle — there’s another way.


In this episode we’re outlining everything you need to know about SBA loans — specifically the SBA 7(a) loan — and how you can go from dreaming about owning a business to owning one worth millions, yourself.


Key Takeaways:

[:13] If you’ve been enjoying the show we’d really appreciate you leaving a review on our iTunes page!

[1:00] About today’s show!

[2:33] What an SBA loan is.

[7:50] Do these loans have fixed or variable interest rates?

[9:07] A few of the caveats to getting an SBA loan.

[13:21] Why you may not want to go to 90% loan to value.

[14:36] Another important caveat if your business depends on the location that it’s at.

[16:54] Giving an example of a real business scenario using an SBA loan.

[19:07] Who SBA loans are good for and who they’re not good for.


Mentioned in this Episode:

The Alternative Investor on iTunes

SBA Loan

SBA 7(a) Loan

Wells Fargo

Grayson@StablesPartners.com 

 

For More on The Alternative Investor, Check Out:

TheAlternativeInvestorShow.com



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For those looking beyond the ticker symbols, The Alternative Investor explores the tangible and often complex world of assets that don't trade on a public exchange. Host Brad Johnson, drawing from his experience at Evergreen Capital, believes a well-rounded portfolio often exists outside the daily noise of the stock market. This podcast digs into the practicalities of private equity, real estate, venture capital, and other non-traditional avenues. While these opportunities can offer different paths to growth, they come with their own unique set of questions and due diligence. Each conversation is geared towards demystifying that process. You'll hear detailed discussions on how these investments actually work, the structures involved, and the long-term mindset they require. The aim isn't to offer quick tips, but to provide a clearer framework for evaluation. Johnson breaks down real-world cases and strategies, focusing on the critical factors that can influence an outcome. It’s a resource for anyone considering how to allocate capital towards assets that aren’t as easily quoted or sold, with the understanding that higher potential returns often walk hand-in-hand with increased complexity. Tune in for a straightforward take on building resilience and potential through alternative holdings.
Author: Language: English Episodes: 50

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