Business Financing


Making Your Business Dreams Come True!

Member of FBA, Franchise Brokers Association, TABB, Texas Association Of Business Brokers, and IBBA, International Business Brokers Association. We are a Franchise Broker at National Franchise Sales.




And also...

Burke Business Advisors specialize in bringing young Franchises to the Franchise Community and is your clear choice for Franchising. Our company includes Coaching and Consulting both Buyer and Seller.
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Business Financing Options

Redirect Your Retirement Funds!
Invest Your IRA or 401(k)
Ask me how!

How can I finance my business?

Buyers Cash
20%-50% of the purchase price is required for down payment (consider reserves for operating capital, about 3 months)

Seller Financing
Lower interest rates
Business and assets serve as collateral for Seller's note
Personal guarantee
Owner has some interest in the business

Institutional Financing
SBA/Conventional Financing
Minimum 25%-30% down payment
Balance amortized over 10 years and variable rate of prime + 2%-3%
Business serves as collateral for the loan
Personal guarantee
Credit score 675 or better

A Bank Loan
Tell them you want a loan to start a new business
Collaterize the business with assets
Personal guarantee

There are 4 "Cs" involved in any decision to loan money to someone: Cash, Credit, Collateral and Character. The fact is that it doesn't matter whether you go to a bank, use the SBA guarantee service or go to a friend or relative for the loan.

1400 Preston Road, Suite 400, Plano, Texas 75093
1-800-411-2496 © 2002 Burke Business Advisors | Disclaimer

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