We are looking to acquire an existing business in South Africa, which includes a property that is approximately 50% commercial and 50% residential. We’ve encountered the following funding challenges: Banks require at least 6–12 months of trading history to approve a business or commercial loan. A residential bond is not approved if the property is zoned commercial. A commercial bond requires an existing operating business with financial history. As first-time buyers without an existing business or significant assets, this creates a barrier to entry. What funding structures or alternative strategies are available in South Africa for individuals in this position. We know one can search for investors but we'd like to avoid this due to complications as well as I'm sure there are people who purchased businesses without approaching investors.   submitted by   /u/LunaStrange104 [link]   [comments]