This is a YouTube video titled "Acquisition Secrets: How We Mitigated Client Risk & Got Seller Financing!" containing a discussion about seller financing and client risk mitigation strategies. The excerpt features a single speaker explaining the financial arrangement and risk considerations involved in a business acquisition.
We got seller financing for 60% of the deal. So 60% of 5.5. But if this client ever goes away, we don't owe that money. And so that's one of the milestones that we just recently used. Found it to be super effective. Anybody is going to give this guy a ton of pushback because of that client, but they're so intertwined that they've been doing business for 25 years. We felt like it was a pretty good risk. And if the client did go away, we still have a good business, but we don't owe this debt that this guy was bringing in, and so that's one way to do it.
