There are some loans out there that can be used for just about anything. Want to buy a new fish tank for your office? Go for it. Want to upgrade to a bigger MacBook Pro? You got it.
On the other end of the spectrum, there are financing options tailored so specifically to certain uses that it’s baked right into the name. Business acquisition loans definitely fall into this camp. So if you want to pursue new acquisitions or franchise purchases, this is your perfect choice.
Business acquisition loans have low interest rates and can reach sums up to $5,000,000. Also, they can fund fairly quickly, with cash available in as little as 30 days.
When you apply for a business acquisition loan, the lender will want to check out your personal credit history, as well as the finances of the business you’re acquiring. The strength of your business plan and financial forecasts will also be major factors.
If you think a business acquisition loan is a solid option for your needs, our funding managers are happy to help. We’ll walk you through the entire process, ensuring that you have the best opportunity to land the perfect loan.