Skip the SBA: Buying a $4m Biz with a Conventional Loan
Ben Bryer worked with a financial backer to find & buy a 65-year-old niche manufacturing business without an SBA loan.
Topics in Ben’s interview:
Spending $150K and 18 months on dead deal
The emotional toll of a failed deal
Freelancing to partially fund his search
Buying a pin gage manufacturer
What attracted Ben to the business
Choosing a conventional loan over SBA loan
Building relationships with lending partners
Tech debt as a liability
The benefits of having long-term employees
Importance of time allocation
References and how to contact Ben:
bbryer@highspireholdings.com
Twitter…
The skinny
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