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Acquiring Minds

Skip the SBA: Buying a $4m Biz with a Conventional Loan

76 min • 16 november 2023

Ben Bryer worked with a financial backer to find & buy a 65-year-old niche manufacturing business without an SBA loan. 

Topics in Ben’s interview:

  • Spending $150K and 18 months on dead deal
  • The emotional toll of a failed deal
  • Freelancing to partially fund his search
  • Buying a pin gage manufacturer
  • What attracted Ben to the business
  • Choosing a conventional loan over SBA loan
  • Building relationships with lending partners
  • Tech debt as a liability
  • The benefits of having long-term employees
  • Importance of time allocation

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