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"Want to buy a going business but do not have the initial capital? You're not alone. Most entrepreneurs use financing to buy a business, and so can you. Whether you're an aspiring owner or an experienced businessperson looking to expand, obtaining the right financing is important.
The following are four important ways you can finance your purchase:
✅ SBA Loans – Great for small business owners. Low interest rates, long terms, and low down payments.
✅ Conventional Loans – Ideal for bigger acquisitions with higher credit requirements.
✅ Seller Financing – Negotiate directly with the seller. Quick and flexible terms.
✅ ROBS – Tap into your retirement savings tax-free to fund your dream.
Each method fits a different need. Some offer speed, others offer affordability. The best choice depends on your credit history, income, available collateral, and business experience.
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