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Looking to finance a denture lab
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<blockquote data-quote="Affinity" data-source="post: 284414" data-attributes="member: 1246"><p>The equipment should be priced at 10c or less on the dollar, of what you can buy it for new.. you can buy used gear cheap. Itemize each and every piece of equipment down to every robinson brush. Add everything up then take another 10% off. The accounts are worth more obviously and that should be where you spend most of your money.</p><p></p><p>As far as getting money.. if youre a female I would try a bank last, look at grants or loans for women to start businesses. Unfortunately, I think you may find this the most difficult part, or maybe Im wrong... Ive been in business 12 years and have trouble even getting my credit line increased, and I have good credit. If you want specific help on financing I would for sure talk to an expert or 2 or 3 on womens lending. Specifically on getting money for women business owners, this is a huge up and coming segment and I think there might be a lot of avenues out there. Be careful with sites like lendingtree.com, they will give your info to a bunch of sharks that will bug you to no end. </p><p></p><p>Why not have the owner finance it? He can make the interest and be paid through retirement, if the owner should die, the payments would continue to his estate. Make a plan to have it paid for in short order.</p></blockquote><p></p>
[QUOTE="Affinity, post: 284414, member: 1246"] The equipment should be priced at 10c or less on the dollar, of what you can buy it for new.. you can buy used gear cheap. Itemize each and every piece of equipment down to every robinson brush. Add everything up then take another 10% off. The accounts are worth more obviously and that should be where you spend most of your money. As far as getting money.. if youre a female I would try a bank last, look at grants or loans for women to start businesses. Unfortunately, I think you may find this the most difficult part, or maybe Im wrong... Ive been in business 12 years and have trouble even getting my credit line increased, and I have good credit. If you want specific help on financing I would for sure talk to an expert or 2 or 3 on womens lending. Specifically on getting money for women business owners, this is a huge up and coming segment and I think there might be a lot of avenues out there. Be careful with sites like lendingtree.com, they will give your info to a bunch of sharks that will bug you to no end. Why not have the owner finance it? He can make the interest and be paid through retirement, if the owner should die, the payments would continue to his estate. Make a plan to have it paid for in short order. [/QUOTE]
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Looking to finance a denture lab
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