Entrepreneur

How to Buy a Business With Seller Financing

A look at when seller financing makes sense and how to vet the deal.
Source: Trypode/Flickr

Advertising and publishing veteran Janelle Regotti was looking for a business to buy. The right opportunity presented itself last year when she found Guide Publishing, a company that distributes a quarterly resource guide for Northeast Ohio seniors. The only catch: Regotti didn’t have the $500,000 asking price. 

With few physical assets to borrow against, she was unlikely to get a bank loan. So with

You're reading a preview, sign up to read more.

More from Entrepreneur

Entrepreneur2 min readEntrepreneurship
Check Out TheSkimm's New Playful Headquarters, Designed By Its Employees
Employees of the daily news site had a say in their new office's design -- including space for all their empty Champagne bottles.
Entrepreneur2 min read
Starting a Franchise But Need Financing? Here's What to Do.
In theory, getting a loan for a franchise business should be easier than financing a new startup. You have brand recognition, a proven track record and hard data on your side. But even when armed with franchise facts and figures, convincing someone t
Entrepreneur3 min readEntrepreneurship
Change Is Inevitable. Here's How to Start Preparing Right Now.
One night this past April, Martellus and Michael Bennett were texting each other. If you follow the NFL, you know these brothers: They’re big and tough, with Super Bowl rings to prove it. But Martellus also spent the past few years making comic books