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Acquiring Minds · July 20 · 1 hr 16 min

No SBA, No Investors: The Liquidity Access Line

Brian Jungles bought a $400k direct mail business in Atlanta and skipped SBA by pledging his portfolio as collateral. Register for the webinars: Don't Rush: How to Prepare for a Quality of Earnings Report - TOMORROW! - https://bit.ly/3T4OQOJ Working Capital: One of ETA’s Most Expensive Mistakes - Thu, Jul 23 - https://bit.ly/3T1aELe Topics in Brian’s interview: Leaving his corporate career at Adobe Finding a business through his network Acquiring for $400k cash Getting a personal line of credit through his bank Direct mail is still effective Growth is a lot of work Humbling experience of learning Quickbooks Picture-perfect transition of ownership Learning to translate “corporate speak” “The entrepreneur community all wants to help each other.” References and how to contact Brian: LinkedIn City Publications Atlanta Get complimentary due diligence on your acquisition's insurance & benefits program: Oberle Risk Strategies - Search Fund Team Get a free review of your books & financial ops from System Six (a $500 value): Book a call with Tim or hello@systemsix.com and mention Acquiring Minds The ecosystem for serious acquisition entrepreneurs—education, capital, community, and post-close support to buy and grow a business: The Acquisition Lab Connect with Acquiring Minds: See past + future interviews on the YouTube channel Connect with host Will Smith on LinkedIn Follow Will on Twitter Edited by Anton Rohozov and produced by Pam Cameron

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transcript

No transcript — this publisher did not publish one.

show notes

Brian Jungles bought a $400k direct mail business in Atlanta and skipped SBA by pledging his portfolio as collateral.

Register for the webinars:

Topics in Brian’s interview:

  • Leaving his corporate career at Adobe
  • Finding a business through his network
  • Acquiring for $400k cash
  • Getting a personal line of credit through his bank
  • Direct mail is still effective
  • Growth is a lot of work
  • Humbling experience of learning Quickbooks
  • Picture-perfect transition of ownership
  • Learning to translate “corporate speak”
  • “The entrepreneur community all wants to help each other.”

References and how to contact Brian:

Get complimentary due diligence on your acquisition's insurance & benefits program:

Get a free review of your books & financial ops from System Six (a $500 value):

The ecosystem for serious acquisition entrepreneurs—education, capital, community, and post-close support to buy and grow a business:

Connect with Acquiring Minds:

Edited by Anton Rohozov and produced by Pam Cameron

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