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    0 Replies Latest reply on Jan 15, 2009 12:28 PM by shariloves

    Buying an existing catering business

    shariloves Newbie

      My husband and I would like to buy a catering business. They already have some major accounts established and are profitable. Our scores are in the hign 600's. The owner is willing to finance half (40k) and we would need to come up with the rest(40k). I was told we can't get a SBA loan because the property is being leased. What other options are out there?

      Thanks
      Shari