I am looking for a lender who will finance an online business acquisition. The website is generating 13K in sales a month and the Net is 99%. Need an lender for e-commerce and advertising websites. The owner will self-finance 50% of purchase cost of website and provide support for 10 months during the transition. Purchase is done through an Escrow account and I have 30 days to review the website to make sure the website produces as much as the owner claims. The advertising clients make monthly payments for advertising directly into a Paypal account.
You'll start by first stating the purchase price + exact site URL.
This is the only way to guess, as the site audience + monetization + marketing + sales multiple being asked, all determine your options.
Tip: Hire someone to help you with this... as... depending on answers to the above questions... will layout various approaches to fund your purchase...
Answered 10 months ago