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  1. 08-11-2010 11:33 AM #1
    drd
    drd is offline Junior Member
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    Vendor Finance

    Hi guys,

    Was just wondering if any of you has purchased a small business using vendor finance or sold a business with vendor finance? and how did it go for you?

    I am currently looking to buying a business with vendor finance and was just wondering if this was the right way to go.

    Thanks.

    DRD.
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  2. 08-11-2010 02:53 PM #2
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    Encrypted
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    I'm not sure I'd go that route. Buying a business with cash in hand is usually the best way to go. You open up a whole other can of worms when you start to get into these funky finance terms.
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  3. 08-11-2010 03:07 PM #3
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    Mega B
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    'funky finance terms' that made me smile and well done on reaching 1000 posts
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  4. 08-11-2010 03:12 PM #4
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    Quote Originally Posted by Mega B View Post
    'funky finance terms' that made me smile and well done on reaching 1000 posts
    haha thanks, I try

    But seriously though.. If you don't have the cash up front, you shouldn't be buying a business.
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  5. 09-27-2010 09:27 PM #5
    genevie
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    haha thanks, I try

    But seriously though.. If you don't have the cash up front, you shouldn't be buying a business.
    Yes, You're right....but you can also do the other one the finance term...hahaha...
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