Looking to purchase a bait and tackle shop that has been in business for 25+ years and expand its marketing, operations, and its appeal to tourism. It also has a 1500 sq/ft living area which I could use as a home. I am trying to retire to this lifestyle in an area that has terrific potential.
2006-06-13 18:08:36 · 8 answers · asked by Bob (spelled backwards is boB) 1 in Business & Finance ➔ Small Business
I hear Thrivant works especially for Lutherans, and I know there are other lending institutions that focus on other denominations.
However, the best financing any person buying a business is the previous owner. You'll get better terms, more ongoing commitment, and more flexibility when you go this route. I would say putting no more than 30% down on the business is a good idea. If they can't wait a little for their cash, then that's a good indication that they don't necessarily believe in what they're selling you.
A good business broker (if you know one or are using one) will get your foot in the door to many different types of financing.
At the end of the day, whether Christian or not, the value create is the value you produce. That'll get you better financing, better long-term prospects, and much more satisfaction from your work.
Good Luck
2006-06-13 19:24:09 · answer #1 · answered by Geni100 3 · 1⤊ 0⤋
To the Bank of God....He gives out free loans all the time! All u gotta do is be His servant forever and repent and all that junk!
2006-06-14 01:13:13 · answer #2 · answered by ♥ Haylow ♥ 5 · 0⤊ 0⤋
An Iraqi bank.
2006-06-14 01:13:08 · answer #3 · answered by Dan S 2 · 0⤊ 0⤋
Where all the other people go to get loans.
2006-06-14 01:11:20 · answer #4 · answered by sball124 3 · 0⤊ 0⤋
The Vatican Bank.
2006-06-14 01:46:17 · answer #5 · answered by truthyness 7 · 0⤊ 0⤋
hmmm... let me think on that one... let's see... how 'bout...
A BANK??
what does being christian have to do with it? do you get special "club" rates or something? isn't that kinda crappy using your religion to get some extra sway on your loan? is that all your religion means to you?
i'm disgusted.
2006-06-14 01:11:34 · answer #6 · answered by Anonymous · 0⤊ 0⤋
What does religion have to do with it? Are some loans ....sin?
2006-06-14 01:10:17 · answer #7 · answered by Carolina Kitten 6 · 0⤊ 0⤋
if you are really a christian then you shouln't.otherwise sallie mae has money.
2006-06-14 01:13:21 · answer #8 · answered by Anonymous · 0⤊ 0⤋