SBA Loans For buying A Business.
An SBA loan can be used to buy an existing company or to increase your ownership in your current business when you have partners. SBA loans combine favorable terms with the flexibility you need to purchase an existing business or franchise. Most importantly, buying a business with an SBA loan only requires a 10% down payment. Ready to own the business you’ve always wanted? Let’s make it happen!
- SBA loans up to $5M
- Low 10% down payment or even lower with seller notes*
- Competitive rates starting at Prime + 0.5% (8.5%)
- Perfect for buying an existing business
Our Streamlined Lending Process.
Experience fast, hassle-free funding tailored to your business needs with our efficient four-step process:
Step 1: Connect with Us
Chat with our team about your financing needs and start the easy application process.
Step 2: Get a Quick Decision
Our efficient underwriting and review process provides timely decisions to keep you moving forward.
Step 3: Close with Ease
Experience a smooth closing with digital documentation for a hassle-free process.
Step 4: Manage Your Loan
Access your loan details anytime using our secure online platform.
Business Acquisition SBA Loan Highlights.
An SBA loan can be used to buy an existing company or to increase your ownership in your current business when you have partners.
- Perfect for new business acquisitions & partner buyouts
- SBA loans up to $5M or larger parri passu options
- Low 10% down payment or even lower with seller notes*
- Competitive rates starting at 9.5%
- Fast and streamlined process
- Done for you business plans & financial projections
SBA Loan For Buying A Business Loan Requirements.
To qualify for our SBA Business Acquisition Loan, your business should meet the following requirements:
- At least 3 years of business operations
- Minimum annual profit of $200,000/year
- Minimum Debt Service Coverage Ratio (DSCR) of 1.25x
- Minimum credit score of 680
- All business and personal debts must be up-to-date
- No bankruptcies
- Relevant industry management experience preferred
SBA Business Acquisition Loan Documents.
- Signed letter of intent(LOI) or purchase agreement
- 3 years of business tax returns
- 3 years of personal tax returns
- Interim profit & loss and balance sheet
- Business bank statements for the last 3 months
- Business bank statements for the last 3 months
- AP (Accounts Payable) & AR (Accounts Payable) reports
Get funded at the best Rate & Terms.
Take advantage of our extensive network of 100+ funding partners. We understand the underwriting criteria and lending preferences of each bank. When lenders compete for your business, you win, save time and get better rates.
- Simple, hassle-free application
- Get funded at the best term & rate
- Get matched with the right lender
- Get multiple loan offers fast
- Special volume discounts not available to public
100% Free SBA Loan Service.
We are a 100% free success based SBA loan consultant that can help you find the best lender for your deal. We get paid by the SBA lender after closing, not by you the borrower.
- All your questions answered
- Get your loan package ready
- Get matched with the right lender
- Expert SBA loan help
- Get funded at the best terms and rate
- Fast and streamlined process
- 100% free service to borrowers
It can be overwhelming to get an SBA loan. You’ve come to the right place.
Join the thousands of businesses that trust us with their SBA financing needs. Leave the heavy lifting to us, you’re in good hands.
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We'd love to hear from you.
At least three years of operating history and a minimum of $250K revenue is required. Have questions? We are only a call or email away.