No SBA, No Investors: The Liquidity Access Line
About this episode
Brian Jungles discusses his experience acquiring a direct mail business without SBA loans by using his portfolio as collateral.
Brian Jungles bought a $400k direct mail business in Atlanta and skipped SBA by pledging his portfolio as collateral. Register for the webinars: Don't Rush: How to Prepare for a Quality of Earnings Report - TOMORROW! - https://bit.ly/3T4OQOJ Working Capital: One of ETA’s Most Expensive Mistakes - Thu, Jul 23 - https://bit.ly/3T1aELe Topics in Brian’s interview: Leaving his corporate career at Adobe Finding a business through his network Acquiring for $400k cash Getting a personal line of credit through his bank Direct mail is still effective Growth is a lot of work Humbling experience of learning Quickbooks Picture-perfect transition of ownership Learning to translate “corporate speak” “The entrepreneur community all wants to help each other.” References and how to contact Brian: LinkedIn City Publications Atlanta Get complimentary due diligence on your acquisition's insurance & benefits program: Oberle Risk Strategies - Search Fund Team Get a free review of your books & financial ops from System Six (a $500 value): Book a call with Tim or hello@systemsix.com and mention Acquiring Minds The ecosystem for serious acquisition entrepreneurs—education, capital, community, and…
Sponsors
Oberle Risk Strategies, System Six
More episodes of Acquiring Minds
- Acquiring a $7m Niche Marketing Agency with 50 Employees
- Escaping the J-Curve in a $700k SDE Ecom Business
- Never Worked Harder, Never Been Happier
- Career Consultant Who Bought a 7-Figure Manufacturer
- (replay)Art of the Roll-Up: 40 Businesses in 4 Years
- Growing a $5m Metal Business 40% in Year 1
Explore listener stats, chart rankings, contacts and more on the Acquiring Minds podcast page.