Live Breaking News & Updates on Nd Using More Traditional Methods Such As Bank Loans Asa Last Resort Here Isa Deeper Analysis From The Survey Cash Is King With Most Participants Buying Or Looking To Buya Business Between 100

BusinessesForSale.com's latest survey seeks to find out what the best source of financing is to buy a business in Australia. Find out what over 50 business buyers say. LONDON, March 8, 2023 /PRNewswire/ With rising interest rates, bank reluctance to lend, and overall tightening on finances and household budgets, it's fair to assume that buying a business would be an insurmountable task right now. However, over 50 business buyers currently in the process of buying a business report differently in BusinessesForSale.com's latest survey. Australian business buyers are savvy, with most using a combination of sources to fund the business purchase. This includes releasing equity in their homes, using savings, using superannuation, the disposal of any surplus assets, and using more traditional methods such as bank loans as a last resort. Here is a deeper analysis from the survey: Cash is king With most participants buying or looking to buy a business between $100,000 - $1 million ....

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