No SBA, No Investors: The Liquidity Access Line
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著者:
Brian Jungles bought a $400k direct mail business in Atlanta and skipped SBA by pledging his portfolio as collateral.
Register for the webinars:
- Don't Rush: How to Prepare for a Quality of Earnings Report - TOMORROW! - https://bit.ly/3T4OQOJ
- Working Capital: One of ETA’s Most Expensive Mistakes - Thu, Jul 23 - https://bit.ly/3T1aELe
Topics in Brian’s interview:
- Leaving his corporate career at Adobe
- Finding a business through his network
- Acquiring for $400k cash
- Getting a personal line of credit through his bank
- Direct mail is still effective
- Growth is a lot of work
- Humbling experience of learning Quickbooks
- Picture-perfect transition of ownership
- Learning to translate “corporate speak”
- “The entrepreneur community all wants to help each other.”
References and how to contact Brian:
- City Publications Atlanta
Get complimentary due diligence on your acquisition's insurance & benefits program:
- Oberle Risk Strategies - Search Fund Team
Get a free review of your books & financial ops from System Six (a $500 value):
- Book a call with Tim or hello@systemsix.com and mention Acquiring Minds
The ecosystem for serious acquisition entrepreneurs—education, capital, community, and post-close support to buy and grow a business:
- The Acquisition Lab
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
Edited by Anton Rohozov and produced by Pam Cameron
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