
About this episode
Register for the webinar:
- Where Searchers Go Wrong, Part 2 - Thu Dec 12 - https://bit.ly/41ivxUl
Fragmentation & an enormous TAM drew Jonathon Tupper to buy a 30-year-old business in the asset-based lending industry.
Topics in Jonathon’s interview:
- Moving from politics to investment management
- Importance of liquidity
- Factoring: a form of asset-based lending
- What kinds of businesses benefit from factoring
- Buying a factoring business
- Acquiring without an SBA loan
- Paying 2x EBITDA
- Competing with banks and other lenders
- Running a Houston business from Southern California
- Challenge of hiring good employees
References and how to contact Jonathon:
Get a free review of your books & financial ops from System Six (a $500 value):
- Book a call with Tim or email [email protected] and mention Acquiring Minds
Get a complementary pre-acquisition HR & PEO review for your target business:
- Contact [email protected] or visit Aspen HR
Get a complimentary IT audit of your target business:
- Email Nick Akers at [email protected], and tell him you’re a searcher
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
Get every episode summarized
Each time Acquiring Minds publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
Hosts & guests
No transcript yet
This episode has not been transcribed. Request it and it moves to the front of the queue.
More episodes
More from Acquiring Minds

Buy a Business with Your Tax Bill
Acquiring Minds

First-Timer Buys a $15m Business in Distress
Acquiring Minds

An Engineer's Mini Berkshire: 2 Auto Shops in 1 Year
Acquiring Minds

Right-Tail Outcome for a Husband & Wife Search Fund
Acquiring Minds