A critically important aspect of a business purchase is financing. In recent years, lenders in general have become extremely risk-conscious and generally cautious, affecting the likelihood that a loan can be obtained for a business purchase. Consequently, knowing where to go for specific types of financing can make the difference in whether you can purchase a business.
For smaller business purchases up to $3 million, or refinancing an existing business up to $5 million SBA is the most likely/preferred source. We work with several different commercial banks, SBA brokers and private lenders to provide the most competitive rates and terms available.