Buying into a business (23m)
For some background, 1 am an electrician on nsw coast, I have been working with the same company since around my second year of my apprenticeship, I'm now 2-1/2 years out of my apprenticeship and running some of my own jobs with a bit of help in the background, myself and the 2 project managers within the company got approached maybe 3 months ago about an opportunity to buy into the business, with the owner retaining a 51% share to maintain ownership regardless of our decisions, he is a top bloke and the company has good morals and team, I've been offered %10 and the project managers got offered 19.5% each, I'm really keen on buying in but struggling to think how I will get the capital to invest, my family is quite poor so I don't have any members of the family I can ask to invest for me, and I have seen the rates on business loans and they seem quite high.
Looking for advice from anyone who has been in a similar situation or heard of something like this and how they navigated this
Also I am going to see an advisor and will have to also see a lawyer to look over contracts and leaving agreements etc,