Acquiring Minds

Skip the SBA: Buying a $4m Biz with a Conventional Loan


Listen Later

Ben Bryer worked with a financial backer to find & buy a 65-year-old niche manufacturing business without an SBA loan. 

Topics in Ben’s interview:

  • Spending $150K and 18 months on dead deal
  • The emotional toll of a failed deal
  • Freelancing to partially fund his search
  • Buying a pin gage manufacturer
  • What attracted Ben to the business
  • Choosing a conventional loan over SBA loan
  • Building relationships with lending partners
  • Tech debt as a liability
  • The benefits of having long-term employees
  • Importance of time allocation

References and how to contact Ben:

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

Connect with A-players who can run your business remotely:

  • More Staffing

Connect with Acquiring Minds:

  • See past + future interviews on the YouTube channel
  • Connect with host Will Smith on LinkedIn
  • Follow Will on Twitter
...more
View all episodesView all episodes
Download on the App Store

Acquiring MindsBy Will Smith

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

242 ratings


More shows like Acquiring Minds

View all
Invest Like the Best with Patrick O'Shaughnessy by Colossus | Investing & Business Podcasts

Invest Like the Best with Patrick O'Shaughnessy

2,322 Listeners

Built to Sell Radio by John Warrillow

Built to Sell Radio

211 Listeners

Founders by David Senra

Founders

2,127 Listeners

M&A Science by Kison Patel

M&A Science

137 Listeners

The Sweaty Startup by Nick Huber

The Sweaty Startup

369 Listeners

POWERS by Chris Powers

POWERS

494 Listeners

My First Million by Hubspot Media

My First Million

2,633 Listeners

Minds Capital Podcast by Will Smith & Niklas James

Minds Capital Podcast

14 Listeners

Acquisitions Anonymous - #1 for business buying, selling and operating by Bill D'Alessandro, Mills Snell, Heather Endresen, and Michael Girdley

Acquisitions Anonymous - #1 for business buying, selling and operating

247 Listeners

The Private Equity Podcast, by Raw Selection by Alex Rawlings

The Private Equity Podcast, by Raw Selection

32 Listeners

Business Breakdowns by Colossus | Investing & Business Podcasts

Business Breakdowns

353 Listeners

The Startup Ideas Podcast by Greg Isenberg

The Startup Ideas Podcast

206 Listeners

Moneywise by Hampton

Moneywise

650 Listeners

The Koerner Office - Business Ideas and Small Business Deep Dives with Entrepreneurs by Chris Koerner

The Koerner Office - Business Ideas and Small Business Deep Dives with Entrepreneurs

221 Listeners

Think Big, Buy Small by Harvard Business School

Think Big, Buy Small

39 Listeners