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  • Profile photo of slallenslallen
    Member
    @slallen
    Join Date: 2008
    Post Count: 18

    I am looking to purchase a business, could someone advise me the best way of financing the purchase costs. Happy to speak to any brokers

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213

    Lenders are not too keen on lending for businesses without property as security. Some franchises can be borrowed for more easily though.

    What sort of business is it and how much do you need? And will you have proeprty to offer as security?

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

    Profile photo of Richard TaylorRichard Taylor
    Participant
    @qlds007
    Join Date: 2003
    Post Count: 12,024

    Terry just to answer both Questions

    No it is not a franchise and no there is very miniting security.

    Richard Taylor | Australia's leading private lender

Viewing 3 posts - 1 through 3 (of 3 total)

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