Boopos | Flexible Business Loans

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February 21, 2023

by a searcher in Cleveland, OH, USA

Anyone have any experience or feedback using Boops platform to acquire a business?

On their website, Boopos claims to offers streamlined, non-dilutive business acquisition loans for small and medium-sized online businesses. Our loan options don’t require personal guarantees.

https://boopos.com/

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Reply by a searcher
from University of Maryland at College Park in New York, NY, USA
Hi all - Looking to re-start this discussion. It looks like Boopos loans are quite 'expensive': up to 20s% interest for 4 years. They essentially become a silent partner for 4 years without owning shares. It does look quite easy to qualify, and get funded in return. One note: they seem to be a global company that started in Spain. Anyone else has experience with Boopos?
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Reply by a searcher
from The University of Michigan in San Carlos, CA, USA
I'm curious about this as well, particularly how the terms might compare to an SBA loan.
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