Getting a loan to buy an existing business is often easier than funding a startup because you are acquiring proven cash flow and established operations. Most buyers combine multiple funding sources—such as SBA loans, seller financing, and personal equity—to complete a deal. 🏦 Primary Loan Options SBA 7(a) Loans
Up to 10 years for acquisitions; 25 years if real estate is included. Down Payment: Typically 10% of the total project cost.
Buying an Existing Business? 4 Ways to Finance Your Purchase
The SBA 7(a) loan is the most popular choice for business acquisitions. Up to $5 million.
Lower interest rates and longer repayment terms than conventional loans. Conventional Bank Loans
These are standard commercial loans issued directly by a bank without government guarantees.