Buying a Business With the Bank's Money | THC 340
The Hardcore Closer Podcast
Ryan Stewman
4.8 • 1.5K Ratings
🗓️ 5 July 2025
⏱️ 18 minutes
🧾️ Download transcript
Summary
There are a few ways to become an entrepreneur:
- Build a business.
- Buy an existing business.
Seems simple right?
But what if you don't have the capital to start your own business?
Maybe you've been working at your job and only have a chunk of your life savings tied up in your 401K.....
That's okay, at least you have something.
Most people when they're looking to start or buy a business borrow money from friends, family, and neighbors. Some of the raise funds from the public, but here's what I'll share...........
It's easier to get the bank's money than losing friends, family, or neighbors.
In this episode, I map out creative ways to finance your business, whether you're starting your own or purchasing an existing one.
- I cover how to build credit for your business
- How to leverage the business' credit to acquire more credit
- Lines of Credit
- Collateralized credit
- How to make the biggest impact leveraging simple building blocks to acquiring a business with little to none of your money down
There's no need to cash out your 401K.
Dip into savings.
Mortgage your house.
Everytyhing you'll learn here is going to set you up for a different tomorrow.
Lean in and bring something to take notes with; I've got you covered like a blanket on this one!
About the THC Podcast
Nothing is off-limits in these weekly episodes of the Hardcore Closer Podcast with Ryan Stewman. Politics, Finance, Religion, Tin-foil hat theories, and interdimensional space aliens.
Ryan Stewman takes a very factual approach to simplifying the most complex things we are experiencing in real time in this timeline.
Leave your feelings at the door and buckle up for a fresh perspective with no fluff, and just the hardcore stuff that reality is made of.
Learn how you can become a member of a powerful community consistently rewiring itself for success at https://www.jointheapex.com/
and learn how you can finally partner with someone helping you grow, scale, and have the most successful business without the complexities of sharing equity in your company https://closercap.com/
Rise Above 🇺🇸
Transcript
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| 0:00.0 | Welcome to the hardcore closer podcast. I am your host Ryan Stuhman and I'm so glad that you're here. |
| 0:17.0 | If you're a first timer, welcome. It's going to be a good one today. We're going to talk about money. |
| 0:21.7 | If you're a usual suspect around here, you know what you got to do. If you haven't done it, |
| 0:25.6 | leave us a review. Tell us the results of something you've learned. And this is going to be a great |
| 0:30.1 | episode where you can talk about those results today. But I love the reading your reviews. |
| 0:33.7 | We've got thousands of them between Spotify and iTunes and you guys talking about the results of doing the work of something you've learned on this show, man. |
| 0:41.4 | That's what I'm talking about. |
| 0:42.4 | So you guys keep that up. |
| 0:44.7 | We don't have sponsors here. |
| 0:46.2 | I own a company called Closer Capital. |
| 0:48.1 | So I'm going to be talking about that today and what we do there. |
| 0:51.4 | But it's going to be an innovative way for you to learn and leverage |
| 0:54.5 | money. So let's just jump right into this if you would. So right now, the big talk, everybody's |
| 1:03.6 | talking about it, all the ads all over YouTube and Instagram and Facebook with people like |
| 1:10.4 | Pace Morby and Cody Sanchez and several other |
| 1:14.0 | folks in the arena. They're telling you, I think the muscle's doing it too. They're saying, |
| 1:18.9 | you know, buy a business. The boomers are going out of business. Buy their business. And it's true. |
| 1:25.6 | There are a lot of boomers that are fucking tired. Hell, I'm 45 and I'm tired. I couldn't imagine being 70. I'd be real tired. And so they're probably tired of working their businesses. A lot of them up. I look at places like LoopNet and all that shit on a regular basis. And a lot of people are buying businesses right now. A lot of people are selling |
| 1:44.8 | businesses right now. Private equity is buying a lot of businesses right now. But you can get lumped in |
| 1:50.5 | and I'm not talking about any of the muscle or Cody here or anything when I say this. So and I don't |
| 1:55.9 | know those people so I'm not vouching one way or another for any of them. I'm just, I see their ads. But a lot of people |
| 2:02.6 | have this great idea of how business acquisitions work, but they don't really know because they're |
... |
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