A seller note is a piece of the price you agree to collect later. You are the lender for that piece. You are not the SBA, and you are not the senior lender. The useful question is what you receive at closing, what you are supposed to receive afterward, and whether you can live with […]
A business acquisition in the $5M–$20M range is active, competitive, and nuanced. Buyers in this range — private equity firms, strategic acquirers, search fund operators, and high-net-worth individuals — have clear criteria. Understanding what they want and positioning your business accordingly is the difference between a smooth sale at a premium price and months of […]
Merchant cash advance alternatives are worth exploring before you sign another MCA, since merchant cash advances (MCAs) are one of the most expensive forms of business financing available — with effective APRs that often range from 40% to over 200%. Yet thousands of business owners turn to them because they’re fast, accessible, and require minimal […]
Working capital vs. term loans is a common source of confusion because the terms describe different things. Working capital describes what the money funds: day-to-day operations. A term loan describes how you borrow and repay: a lump sum paid back over an agreed period. A term loan can fund working capital. The right choice depends […]
