Відео

Thanks for the feedback! We have been working on finding the right balance for the background music in our newer videos.

Support is on the case! Thanks for the positive feedback!

Haha hey Finn! Thinking about starting a business?

Yes there are SBA lenders that are willing to make loans for Airbnb businesses!

@@dcluizili7096 are you referring to EIDL loans?

Thank you! We try very hard!

Sorry! You could try changing the speed of the video to be a little slower in the settings and maybe that would help!

Glad it helped!

Thanks for the feedback!

Thanks so much for the feedback! I always really enjoy looking at acquisition deals, there is always so much to consider, it is a fun puzzle!

You bet!

You can watch this video to see how to change currencies - ua-cam.com/video/UGmlp7navgo/v-deo.html

Laundromats are easy to operate...I know this lady you mentioned. I bought a laundromat from a friend many years ago who retired overseas. Repairs are costly. Try to at least learn the basics. I have bill acceptor machines to exchange for tokens, much better than counting and hauling quarters . My locations are near low income housing and apartments, which are very good for business.

thanks for talking about your situation. Definitely helps a young and desperate poor guy like me to stay encouraged in striving to achieve my first ever owned business ... 240 gr. < - electric, water, mechanical, supplies, janitorial, city taxes, county taxes, insurance, business license heat, cooling costs & misc.. = ? . these taxes really want to make me work with a CFA. so that i can know how to joggle my way through. how do i reach her

I appreciate this. After curiously searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get

The thing is people often doubt the prospects of financial advisors like Julianne Iwersen Niemann in business/markets today.

Well it gives me more time to get ahead while they stew in their own pity and doubts as they childishly complain about those spreading the word

We can certainly try to help! A great place to start is with our Free SBA Review here - www.projectionhub.com/free-sba-review

Just the standard ChatGPT4o model which I believe is free with a limit on how many chats you can do!

Yes! Here is our video for an Assisted Living Facility - ua-cam.com/video/j8LORoA2ojo/v-deo.html

We have a template that is built specifically for small business acquisitions here - www.projectionhub.com/financial-projection-template/acquisition - and yes once you get that filled out you can copy and paste into the business plan just the same way. Let us know if you have any questions at support@projectionhub.com

Great!!!

Thanks for watching and I appreciate the feedback! I am glad you found it helpful.

I would actually suggest our Acquisition template instead - www.projectionhub.com/financial-projection-template/acquisition - it does have a distributions tab where you can model investor distributions and IRR for investors etc.

The lender may require you to establish your LLC and secure your authority before actually closing on the loan and sending the funds, but I think that most lenders would be happy to talk to you and probably accept an application before you get those items set up.

Trucking Platform..( HOTSHOT- CAR HAULING)

Great question! I do not think you will be eligible for an SBA loan, especially since you will not reside in the United States. The best option might be for you to pay a substantial down payment to the seller and then just pay them the rest of the purchase price over time. This is called a seller note, where the seller basically provides the loan and you pay them over time for the purchase price.

Hi Tony! You should reach out to us at support@projectionhub.com and we'd be happy to help try to find a lender for you!

A mixed used property can certainly be collateral! Are you looking to develop a property or purchase an existing one?

I’m sorry let me be clear, can the mix use building that I want to purchase, can that be collateral?

@@meccawebb9050 Yes that could be collateral, but in order to get an SBA loan for a property, that building needs to be 51% owner occupied. So your operating business (if you have one) would need to be utilizing a majority of the space. SBA doesn't lend for investment properties where you are just leasing out a majority to another tenant.

Thank you

Glad it was helpful!

Basically would you need to have less than 25% equity in the home. So one workaround I have seen people do is they take out a Home Equity Line of Credit so that there is effectively no equity in the home anymore and then the SBA wouldn't be required to take your home equity as collateral because there is no equity.

@@JimWebbJax no problem! Thanks for the feedback!

So the 1,500 active patients would be as you reach your your capacity, but not likely where you would be on day 1. So it could be in the first year as you ramp up you might only have 500 active patients and grow to reach that 1,500 capacity over a period of years.

I think it's very fair to be apprehensive about data sensitivity when using a tool like ChatGPT. You can change in your settings to ask the tool to not "remember" the info you provide, but it's unclear how much your information is being used for internal training by OpenAI. I would encourage caution if you are sharing information that you do not have permission to share with ChatGPT, but if it's your own idea/information I wouldn't be too concerned about your idea/concept being "stolen" if that is your main concern. Please do your own research on this topic though!

I think we got that resolved for you, but if you continue to have any issues, please email support@projectionhub.com

That is an excellent question! If I were you I would want to start talking to a lender or at least a loan broker ahead of time just to make sure you are likely to qualify for an SBA loan. There is a pretty straightforward way to calculate how much you might qualify to borrow. 1. You need to have industry experience in the industry you are buying 2. You should have a 650 credit score or higher 3. You need to have 20% of the acquisition price available in cash. Lenders will want you to invest 10% into the acquisition and they don't want you to spend your last dollar on that equity investment so you should have some personal savings of 10% as well. 4. The proposed acquisition should have a Debt Service Coverage Ratio of 1.25 or higher. If you need any help with these things or more explanation please feel free to reach out directly at support@projectionhub.com

Glad it was helpful!

Hey there! Great question and really interesting. It sure sounds like you are personally guaranteeing the loan if you are putting up your house. I would absolutely ask for 20% ownership if that is going to be the case. Or if they won't go for that, then maybe the new business that you are buying should be put into a new entity and you should be a larger % owner in that new company so that you have some more upside for the amount of personal risk that it sounds like they are asking you to take.

Awesome! What lender did you use out of curiosity?

@@Projectionhub Wintrust

@@Projectionhub Do you know which bureau they pull from

Follow the instructions after download! We can't grant access to the original Google sheet file, so you need to download the Excel file and then upload that to your own google drive to use.

Here is the link - www.projectionhub.com/data/sba-lender-finder