How to Buy a Business with no Money Down

You do not need a significant amount of money to buy a running business as there are many different methods to get what you want without having to pay an arm and leg. There are cases in which you do not have to even spend a dollar to acquire an established business. It all depends on the type of business you are looking to buy, the financing available and various terms and conditions to acquire it with no money down.


  • 1

    Determine the type of business

    This is probably the most important thing. You must know the type of business you want to invest in. Normally, you should select a business in which you have considerable experience. This will help your cause immensely as you will know how to properly operate it. Also, consider how the business will perform in the current market keeping in mind the conditions.

  • 2

    Focus on established businesses

    Your focus should be mainly on established and existing businesses. You will not want to invest in a business that has just started as there is a higher risk in that situation. Existing businesses will help you in getting loans quickly in comparison to start-ups.

  • 3

    Consult a loan officer

    You should consult a loan officer in a financial institution to make a deal. The loan officer will help you in financing the venture and you will not have to pay a penny. However, you will have to give some form of collateral for the deal.

  • 4

    Talk to the seller regarding financing the purchase

    You can talk to the seller of the business regarding the financing of the purchase. In this case, you can get a lower rate of interest than any bank or financial institution. Always talk to the seller regarding any possible financing alternatives as they are interested in selling their business and can help you figure things out.

  • 5

    Combine the loan and financing from the seller

    When you combine both the financing from the bank and the seller, there is a good possibility that you can buy the business without putting any money down.

Leave a Reply

Your email address will not be published. Required fields are marked *

six + = 15