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Driver Annual Renewal - Financial Info
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<blockquote data-quote="It will be fine" data-source="post: 3446157" data-attributes="member: 55017"><p>SBA only matters to the guy getting the loan. If you're selling you don't care how the loan is financed, you just get a check. </p><p></p><p>Why did you only have a few days to buy a contract? That only makes sense if there were multiple bidders. If multiple parties want to buy something, it has real value. </p><p></p><p>There have always been a bunch of contracts up for sale, that's not new. It's an intangible assett, it's very risky, I wouldn't recommend buying in right now. That doesn't mean I couldn't sell my business for significantly more than the $0 of my own money I've put in.</p></blockquote><p></p>
[QUOTE="It will be fine, post: 3446157, member: 55017"] SBA only matters to the guy getting the loan. If you're selling you don't care how the loan is financed, you just get a check. Why did you only have a few days to buy a contract? That only makes sense if there were multiple bidders. If multiple parties want to buy something, it has real value. There have always been a bunch of contracts up for sale, that's not new. It's an intangible assett, it's very risky, I wouldn't recommend buying in right now. That doesn't mean I couldn't sell my business for significantly more than the $0 of my own money I've put in. [/QUOTE]
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