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        <title>Lowyat.NET: Latest topics by maxforce</title>
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            <title>Loan to purchase a business?</title>
            <link>http://forum.lowyat.net/topic/2154669</link>
            <description>My friends and I are considering to purchase/takeover a business. &lt;br /&gt;The business does not own a property as it currently rents a premise. &lt;br /&gt;It does have some assets in form of machinery/equipment/furniture etc. &lt;br /&gt;&lt;br /&gt;The business is a well established company with open-ended contract with several MNCs. These contracts will be maintained despite new management takeovers.&lt;br /&gt;It generates a steady flow of income without much additional working capital needed, assuming we re maintaining the current level of operations. &lt;br /&gt;New management team includes experience in the same industry with the new CEO with high profile career experience. All members of the new management teams have good records in terms of credit rating.&lt;br /&gt;&lt;br /&gt;While it is normal to have business loans for working capital requirements, my question is that would it be possible to obtain a loan to finance the purchase of equity in the company? If so, what form of loans would be most appropriate. &lt;br /&gt;&lt;br /&gt;Thank you in advance for your kind suggestions and advice.</description>
            <author>maxforce</author>
            <category>Finance, Business and Investment House</category>
            <pubDate>Sun, 18 Dec 2011 23:01:54 +0800</pubDate>
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