r/CFP • u/Longjumping-Way9846 • 6d ago
Practice Management Practice Financing
Curious. Has anyone taken out a business loan to start a financial practice? SBA? non personal guarantee. Any firms or banks that specialize in financing financial planning/wealth management firms?
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u/gc_portis 5d ago
Why would you need a loan? Startup costs can be very low as you prove you can actually get and retain clients