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Looking at buying into a practice I’ve been an associate for the past 3 years.
Currently having a CPA evaluate the P&L, tax returns etc…
But I have a question about seller financing. I had a chat with the owners accountant, they said if the seller did seller financing, they’d likely match the bank rate at best. Is this accurate? I was always under the assumption that because of the benefits to the owner, they’d go lower than bank rate % for seller financing. Especially since I’d be buying in as a partner (50%).
What have you guys experienced/heard?
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- 3 months ago
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