Gathering Funds to Purchase an Established Business

[Ryan Morgan]

Good evening! My question is what funding sources are out there, alternative or conventional, that would allow two people to buy an established banquet/catering business before it goes out of business? It’s a very successful business that one of the two mentioned people wanting to take over it, is managing. It would be very profitable for a business person (couple) just not the current owner who isn’t very business smart. These two have about a 125k in liquid assets and purchase price is about 1.5m. Thanks in advance! Ryan