SBA 7a Loan to Buy a Business for 60k?

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  • Опубліковано 17 лис 2024

КОМЕНТАРІ • 30

  • @LeoLandaverde
    @LeoLandaverde  2 роки тому

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  • @LeoLandaverde
    @LeoLandaverde  2 роки тому +2

    Get your FREE copies of my advanced growth plan template as well as my financial projections workbook. Just click on links above! Also, make sure to join my Facebook group: facebook.com/groups/leolandaverde/

  • @arto00-g2n
    @arto00-g2n Рік тому

    Best channel in my opinion so far on this subject.

    • @LeoLandaverde
      @LeoLandaverde  Рік тому

      Thank you! Grateful for your support. 😎

  • @samozinn
    @samozinn 23 дні тому

    Great knowledge 👍

  • @MjReleaf
    @MjReleaf 2 роки тому

    Thanks for all the information 👍!!! Can i get a meat market in Florida

    • @LeoLandaverde
      @LeoLandaverde  2 роки тому

      Absolutely! You can. What price range are you looking at?

    • @MjReleaf
      @MjReleaf 2 роки тому +1

      50k and up

    • @LeoLandaverde
      @LeoLandaverde  2 роки тому

      Ok. How much do you have for a down payment?

    • @MjReleaf
      @MjReleaf 2 роки тому +1

      @@LeoLandaverde how much i need i got money iust want too use as little as possible

    • @LeoLandaverde
      @LeoLandaverde  2 роки тому

      You will need at least 10% down plus have some savings on the side. Can you share details of a specific market you have interest in? For instance, revenue, net income, purchase price?

  • @krystensimmons6785
    @krystensimmons6785 2 роки тому

    Thank you for posting this. I’m trying to buy a gas station business here in ohio

    • @LeoLandaverde
      @LeoLandaverde  2 роки тому

      That’s great. I’m glad video was helpful to you. What price range are you looking for gas stations?

  • @srnd1247
    @srnd1247 2 роки тому +1

    Hi. Looks like an SBA 7a loan is not eligible if the franchisor makes profit by requiring a monthly flat fee to be a franchisee even after the entry royalty fee. Correct? I'm an existing small business owner just over 4yrs strong, but want to buy in to a franchise, lease the location, make repairs/upgrades, and open up for biz. I'm looking for the best option for a loan in my situation where having a strong performance in running my small biz may help. Any suggestions? Lendio? Thx!

    • @LeoLandaverde
      @LeoLandaverde  2 роки тому

      What type of franchise are you looking to acquire?

    • @srnd1247
      @srnd1247 2 роки тому +1

      @@LeoLandaverde a franchise burger joint.

    • @LeoLandaverde
      @LeoLandaverde  2 роки тому

      I suppose you can try Lendio. I think you’ll be better off with a local community bank

  • @cesarChavez-dr4dk
    @cesarChavez-dr4dk 2 роки тому

    I thinking about to buy a business on a net couple years i live in Houston can you help me ? Thanks for share you knowledge

    • @LeoLandaverde
      @LeoLandaverde  2 роки тому

      Hi Cesar, Thank you so much for watching my videos, what type business do you want to buy? What purchase price?

  • @entrepreneur1013
    @entrepreneur1013 2 роки тому

    I WISH THIS INFORMATION WAS GIVEING IN SCHOOL

    • @LeoLandaverde
      @LeoLandaverde  2 роки тому

      That’s what everybody tells me. And I wish I did when I was back in school. But I’m glad this video is helpful to you

  • @princespuppydog
    @princespuppydog 2 роки тому

    I want to known how I find the capital for new busined

    • @LeoLandaverde
      @LeoLandaverde  2 роки тому

      It depends on the size for the business and the industry type. What type of business are you looking for? What is there target purchase price?

  • @paulgraham1464
    @paulgraham1464 Рік тому

    Ty sir

  • @steelm7967
    @steelm7967 2 роки тому

    I’m looking to start a trucking business. Any information you can give me on funding for that

    • @LeoLandaverde
      @LeoLandaverde  2 роки тому

      My advise would be to figure out how to buy an existing trucking business with positive cash flow. Would you be open to that?

    • @steelm7967
      @steelm7967 2 роки тому

      @@LeoLandaverde yes I would. I haven’t really been searching for existing businesses but I will

    • @LeoLandaverde
      @LeoLandaverde  2 роки тому

      Awesome. I think you should since it would be easier getting financing for an existing profitable business. I'd be happy to help you in any way I can. If you want to chat, feel free to email me your contact info at leo@greenlandhq.com