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is 90% SBA Financing to Buy a Business a Good Idea?

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David C Barnett Small Business and Deal Making SMB

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Is borrowing 90% of the purchase price of a business a good idea?
Currently, American entrepreneurs are able to put only 5% down and borrow 90% from a bank and 5% from the seller to buy a business.
This is a lot of borrowing. Otherwise known as leverage.
Is borrowing $19 for every $1 of your own money put into an acquisition a good idea?
Does it matter WHO you borrow money from?
I answer these questions and more from a viewer who worries about the risk of a big bank loan.
Check out the conversation here:    • is 90% SBA Financing to Buy a Busines...  
Learn how to buy a successful business at https://www.BusinessBuyerAdvantage.com'>https://www.BusinessBuyerAdvantage.com
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#entrepreneurship #smallbiz #business #sba #financing #businessfinancing #businessloan

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