Creative Financing for Buying Businesses During COVID-19

Creative Financing for Buying Businesses During COVID-19

Steve Mariani from Diamond Financials was with us to discuss different financing methods for business brokers to think about when trying to sell small businesses during the COVID-19 situation.

We discussed Earn-outs, Seller Financing, Forgivable Seller Notes and SBA Lending and how they can be used in different scenarios.

As always, we “opened the lines” for business brokers to ask questions, but this time we will be opening the lines to hear your suggestions and input as well.

Guest: Steve Mariani

Stephen Mariani has focused solely in acquisition lending, personally closing over $1 billion in SBA transactions since establishing Diamond Financial Services in 1996. Specializing in large goodwill transactions and utilizing the most aggressive lenders, Diamond Financial has become the largest, privately owned SBA loan provider in the nation. Self-employed since 1983, Steve is uniquely qualified to represented the small businesses of the United States. Steve has been a great source to the business brokers and our industry.

Host: Jim Parker, Business Broker in Florida