It Really Happened: 100% Financing for an $8m Business

Acquiring Minds

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4d ago 1:37:26

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We caution against thinking you can find it: 100% seller financing. But Renan Cortez did — and on a sizable business.

Topics in Renan’s interview:

His background as an Army medic
Learning about acquisition via Codie Sanchez
Using a virtual assistant to search for a business
Negotiating a 100% seller note
Feeling motivated by philanthropy
Spending too much money too fast after transition
Getting a bridge loan to make payroll
Rebranding the restoration company
Raising capital for growth
His large roll-up vision

References and how to contact Renan:

Get a complementary pre-acquisition HR & PEO review for your target business:

Contact mark@aspenhr.com or visit Aspen HR

Get complimentary due diligence on your acquisition's insurance & benefits program:

Oberle Risk Strategies - Search Fund Team

Smithlist is a new job board for leadership roles at small businesses. If you're not ready to buy a business but want to lead one:

Smithlist - Operate & Lead a Business

Connect with Acquiring Minds:

See past + future interviews on the YouTube channel
Connect with host Will Smith on LinkedIn
Follow Will on Twitter

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