For those who want to own their own business, but not create it from the ground up, purchasing an existing franchise or business can generate income quickly. While it's a fantastic way to get into business ownership, financing the purchase of an already existing business can still be a challenge for some would-be entrepreneurs.
Many entrepreneurs utilize their retirement funds through 401(k) business financing. If this isn't a viable option for you, you'll need to obtain credit. Interest rates will vary, depending on your overall credit picture and the amount of financing you require. Each business situation is different, so each borrowing process is as well. Fortunately, Benetrends has over 35 years of experience and can accommodate your unique situation to find the best financing option, or options, for you.
Benetrends is well equipped to assist you with all of your business acquisition funding needs, and works often in the following industries:
Information provided by Benetrends Inc. is not intended to be used as legal or accounting advice, or as the sole basis for investment decisions, nor should it be construed as advice designed to meet the particular needs of an individual investor. Please seek the advice of legal or tax professionals, as appropriate, regarding the evaluation of any specific information, opinion, advice or other content.
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