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Racerbvd Racerbvd is online now
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As others have said, get a good, trusted CPA to go over everything, think long and hard about the commitment, then check the SBA loans, and bring a lady, if you are listed as the primary owner, you can apply for "Minority" status, every little bit helps.
If you don't have any luck with banks (or as many shops do, Deep Pocketed Clients either hold the note or are silent partners) a friend of mine owns a business that finances new businesses, mostly doctors offices, but he can either help or point you in the right direction. The name is Aqua Capital LLC., PM me for the contact info. At least if there was real estate, and it was paid off, you could borrow against that, also check & see if there is any outstanding debt..
Good luck..
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Byron

20+ year PCA member

Many Cool Porsches, Projects& Parts, Vintage BMX bikes too
Old 03-09-2011, 10:38 AM
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