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The Down Payment Shouldn't Be What Stops You From Owning a Business. Biz Checkout Launches DealBrain
eTradeWire News/10851631
Biz Checkout's new tool maps the deal structure, walks buyers to closing step by step, and helps find financing through capital partner Murr Capital
CHICAGO - eTradeWire -- Plenty of people would make great business owners. Many never try, because they believe ownership is only for people who can write a big check. Biz Checkout, the Chicago marketplace for buying and selling small businesses, today introduced DealBrain, a tool that helps buyers plan a small business purchase with little or $0 of their own money.
Many people who want to own a business stop before they start because they assume they need a large down payment. In practice, small business deals are often put together with a mix of seller financing, lender financing and outside capital. DealBrain is built to show buyers how a specific deal could be structured and what it takes to get it to closing.
A buyer starts with a free preview of a deal. For $299 per deal, one time, DealBrain lays out a structure for little or $0 of the buyer's own money and walks the buyer through every step to closing. Biz Checkout finds the money through its capital partner, Murr Capital, so buyers are not left to shop for financing alone.
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Every deal is different, and financing is subject to approval. DealBrain is a planning and guidance tool. Buyers should still work with their own attorney and accountant before signing.
"I talk to people all the time who have the work ethic, the skills and the heart to run a business, and they've already told themselves no because of the down payment," said Desmond Murray Jr., founder and CEO of Biz Checkout. "That's the dream dying quietly. DealBrain shows them how a real deal can come together, and with Murr Capital in the mix, we help find the money instead of pointing them at a lender's website and wishing them luck."
DealBrain is available at bizcheckout.com and through the Biz Checkout app on the App Store and Google Play.
About Biz Checkout
Biz Checkout is a marketplace for buying and selling small businesses, operated by 12 Million Ventures Inc. and based in Chicago. Sellers list free with no commission, buyers browse free, and deals close in one place, from NDA to escrow. Buyers can run BizFacts reports starting at $49 and use DealBrain to plan a purchase with little or $0 of their own money, with financing through capital partner Murr Capital. Learn more at https://bizcheckout.com or download the app on the App Store and Google Play.
Media contact
Press Team, Biz Checkout
press@bizcheckout.com
Many people who want to own a business stop before they start because they assume they need a large down payment. In practice, small business deals are often put together with a mix of seller financing, lender financing and outside capital. DealBrain is built to show buyers how a specific deal could be structured and what it takes to get it to closing.
A buyer starts with a free preview of a deal. For $299 per deal, one time, DealBrain lays out a structure for little or $0 of the buyer's own money and walks the buyer through every step to closing. Biz Checkout finds the money through its capital partner, Murr Capital, so buyers are not left to shop for financing alone.
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Every deal is different, and financing is subject to approval. DealBrain is a planning and guidance tool. Buyers should still work with their own attorney and accountant before signing.
"I talk to people all the time who have the work ethic, the skills and the heart to run a business, and they've already told themselves no because of the down payment," said Desmond Murray Jr., founder and CEO of Biz Checkout. "That's the dream dying quietly. DealBrain shows them how a real deal can come together, and with Murr Capital in the mix, we help find the money instead of pointing them at a lender's website and wishing them luck."
DealBrain is available at bizcheckout.com and through the Biz Checkout app on the App Store and Google Play.
About Biz Checkout
Biz Checkout is a marketplace for buying and selling small businesses, operated by 12 Million Ventures Inc. and based in Chicago. Sellers list free with no commission, buyers browse free, and deals close in one place, from NDA to escrow. Buyers can run BizFacts reports starting at $49 and use DealBrain to plan a purchase with little or $0 of their own money, with financing through capital partner Murr Capital. Learn more at https://bizcheckout.com or download the app on the App Store and Google Play.
Media contact
Press Team, Biz Checkout
press@bizcheckout.com
Source: Biz Checkout
Filed Under: Business
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