How This Young Man Bought a $10M Business with Just $40K – Secrets from a $400M Lender | Bruce Marks Interview
Bruce Marks is a seasoned lender who has closed over $400M in deals, helping over 1,200 entrepreneurs acquire businesses using SBA loans. As Senior VP at First Bank of the Lake, Bruce specializes in financing small business acquisitions, search funds, and lower middle-market M&A transactions.
Bruce doesn’t just finance deals—he knows what makes a buyer successful and what gets deals killed.
In this episode, we dive into:
How a young entrepreneur bought a $10M business with just $40K
Why your experience matters more than the business you’re buying
The biggest mistakes first-time buyers make…
The skinny
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