Understanding Business Acquisition Loans
A business acquisition loan provides financing to small businesses looking to expand their reach by purchasing another business. There are a couple of different ways small business owners can utilize an acquisition loan.
One option is to purchase an existing business outright. Maybe it’s a competitor or a related industry you want to expand in. Or maybe you’re interested in owning a business, but don’t want the hassles of navigating a start-up. Alternatively, an acquisition loan can also be used to purchase a franchise location.
What can you do with a business acquisition loan?
Use a business acquisition loan to buy a business. This loan type will help you purchase an existing business or franchise, which means you can take advantage of that stellar business opportunity even if you don’t have the capital to purchase it outright.
LOAN AMOUNT
$5,000- $5,000,000
TIME TO FUND
As Soon As 30 Days
LOAN TERMS
Revolving or 10-25 Years
INTEREST RATE
As Low as 5.5%
Benefits of a Business Acquisition Loan
A business acquisition loan can be customized to meet the needs of your company, whether you’re just getting started or expanding your existing company.
Flexible collateral requirements: Allows you to obtain a business loan without collateral other than the previous business’s assets.
Diverse financing structures available: Multiple types of business loans available for an acquisition, such as term loan or line of credit.
Protect your cash flow: Support growth without tying up your working capital.
Skip the startup stage: Own a mature business instead of building one from scratch.
Minimum Requirement For A Business Acquisition Loan
If your business doesn’t match some of the qualifiers below, it may be more challenging to receive funding from our lending partners.
CREDIT SCORE
600 or higher
MONTHLY REVENUE
$8000+
TIME IN BUSINESS
6 Months
