Seller Financing
topic on 3 shows · 4 statements across 4 episodes
Founder's Journal 
Startup Acquisition Stories 
the Knowledge Project
4 statements about Seller Financing, every show
Sanchez: Acquiring boomer businesses via seller financing is heavily underutilized
“If you did that with a boomer based business where that boomer wants more sales, needs somebody young and hungry, you could negotiate part of that business just to apprentice for them and take it over over the long time using seller financing. And that I think…”
Domofsky: Founders should define upfront cash minimums and financing limits early
“I wish I would have put some parameters on it For myself, you know, I, a minimum of X amounts up front. Here's my maximum length term on seller financing. You know, I wish I would have been a little clearer with what I actually wanted because I wasn't 100% sur…”
Sanchez: First seller-financed acquisition yielded five-figure payout in month one
“So I started getting a check that was, you know, a five figure check the first month that I closed the deal from taking over this business and running it.”
Gazdecki recommends all-cash offers over seller financing to reduce payment risk
“I always recommend cash upfront because if you do, and seller financing can work out really well in a lot of scenarios, but if you have an all cash offer it just reduces so much risk on your end because you're not chasing the other person down for either month…”