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It Really Happened: 100% Financing for an $8m Business
Manage episode 427081571 series 2931927
Register for the webinars:
- Thu July 11 - SBA Lender Roundtable: State of the Market - https://bit.ly/4eJqUXB
- Fri July 12 - Due Diligence Office Hours - https://bit.ly/3VPQf9p
We caution against thinking you can find it: 100% seller financing. But Renan Cortez did — and on a sizable business.
Topics in Renan’s interview:
- His background as an Army medic
- Learning about acquisition via Codie Sanchez
- Using a virtual assistant to search for a business
- Negotiating a 100% seller note
- Feeling motivated by philanthropy
- Spending too much money too fast after transition
- Getting a bridge loan to make payroll
- Rebranding the restoration company
- Raising capital for growth
- His large roll-up vision
References and how to contact Renan:
Get a complementary pre-acquisition HR & PEO review for your target business:
- Contact mark@aspenhr.com or visit Aspen HR
Get complimentary due diligence on your acquisition's insurance & benefits program:
Smithlist is a new job board for leadership roles at small businesses. If you're not ready to buy a business but want to lead one:
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
270 एपिसोडस
Manage episode 427081571 series 2931927
Register for the webinars:
- Thu July 11 - SBA Lender Roundtable: State of the Market - https://bit.ly/4eJqUXB
- Fri July 12 - Due Diligence Office Hours - https://bit.ly/3VPQf9p
We caution against thinking you can find it: 100% seller financing. But Renan Cortez did — and on a sizable business.
Topics in Renan’s interview:
- His background as an Army medic
- Learning about acquisition via Codie Sanchez
- Using a virtual assistant to search for a business
- Negotiating a 100% seller note
- Feeling motivated by philanthropy
- Spending too much money too fast after transition
- Getting a bridge loan to make payroll
- Rebranding the restoration company
- Raising capital for growth
- His large roll-up vision
References and how to contact Renan:
Get a complementary pre-acquisition HR & PEO review for your target business:
- Contact mark@aspenhr.com or visit Aspen HR
Get complimentary due diligence on your acquisition's insurance & benefits program:
Smithlist is a new job board for leadership roles at small businesses. If you're not ready to buy a business but want to lead one:
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
270 एपिसोडस
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