Can I get financing for buying an existing business?
January 10th, 2014 by Gwen Green
Your ability to obtain financing, such as a bank loan, to purchase a business depends on a variety of factors. These include your personal financial situation, the cash flow of the business, available collateral, business history and expectations for the future, and business purchase price.
The lender will analyze the business, the borrower, and the structure of the deal to determine whether or not to provide financing.
See our video, “Qualifying for a Small Business Loan.”