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Breakfast Meeting – Chris Resner
March 2, 2018 @ 7:00 am - 8:30 am
Chris will discuss what he does at the BDC and a few scenarios including:
1) Purchase of an existing business – say the purchase price is $500,000. What resources would a purchaser be expected to contribute? What loan to value would the bank put in? how is vendor financing treated?
2) Say you and your mates want to buy a commercial building. Same questions.
3) How does the financing of new businesses work?