Episode 10: No Bank Loan, No Problem: How to buy a business with no bank loan

Welcome to Point of More Returns with your hosts: The Masked Investor and WEALTHfaire. In episode 10 the co-hosts talk about how to obtain financing to buy a business when traditional options like bank loans are not available. What are the other financing options: Creative financing, seller financing. Disclaimer: Always seek investment advice from a licensed investment professional that has done a thorough analysis of your situation, goals, risk tolerance, etc. before making investment decisions. The topics discussed are our opinions and should not be taken as investment advice. Episode Introduction - 00:20 What is the first step to take: 02:15 Creative financing: 03:20 Motivated sellers: 04:25 Due diligence and negotiating terms: 06:48 Typical terms for seller financing: 12:15 What is an Earn out: 14:23 Additional creative financing solutions: 17:10 Firms that help secure business financing: 23:19 How co-host WEALTHfaire structured his deal: 26:54 Parting thoughts: 28:58