“I got clever with the financial deals to be able to acquire assets and, you know, and I was still paying down heavy debt on them.”

Bryce Henson · The Profit Lifestyle for Fitness Entrepreneurs · Episode 238: Turn Adversity Into Advantage with Bryce Henson, Fit Body Boot Camp CEO

Play from 20:46
20:46

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What was described

used seller financing to acquire fitness locations instead of traditional SBA loans

Said nearby on the same subject

“Seller rate buy downs, assumable loans, seller financing. There's a, there's a handful of other things, but it has to come with brutal honesty first.”
DB
Dustin Brougham
Massive Agent Podcast ·
Why it worked Share this moment
“The debt on it was about 90%… we’ve done expansion loans… now we’re at the cap of the SBA program and use a commercial real estate loan”
♫
Said on Acquiring Minds
Why it worked 90% loan on initial purchase; later commercial real-estate loan (amoun… Share this moment
“Think about how do I structure the business with seller financing or can you do an earn out and or can you do different types of seller notes that protect both sides of the equation?”
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Jared Krause
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“A lot of traditional, you know, just U.S. producers are now becoming direct LNG sellers or suppliers and vice versa to take advantage of that spread”
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Ryan Pittman
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Why it worked Share this moment

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