Small Business Loans Business Acquisition financing is used for business buyers looking to purchase all or or part of an existing business. As the business buyer looking for financing, you must have a minimum of 20% to put down (as little as 10% if real estate is attached) - related experience and a minimum credit score of 625.

• 100% financing available for partnership buy-out

• 90% financing available for new buyers (10% seller note on standby)

• 90% financing available when done in conjunction with a seller note

• Equity injection can come from Home Equity Line of Credit

• 10 year term, more if Real Estate is part of the financing

• Up to $2M loan – 100% Goodwill

• Can include working capital

• Can include new equipment

• New buyer should have direct or related experience

• No bankruptcies in the past 7 years and no judgments in the past 2 years

• 1.2X historic debt service B

• Positive trends, no significant concentrations

Our lender rates are competitive to other lenders providing similar services

Our Lender Advantages

• Lower Down Payment - more customers qualify
• Up to 90% financing available - smaller cash outlay for customers
• Longer payment terms - Lower monthly payments
• Flexible use of loan proceeds - combine all needs into one payments

Program Qualifiers

• No Bankruptcies in last 7 years
• No Judgments in last 2 years
• Minimum Credit Score of 625
• New business buyers must have direct or related experience
• 1.2 x debt service in the last fiscal year

Contact Us to learn more