- COVID-19 Relief
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Revolving or 10-25 Years
As Soon As 30 Days
As Low As 5.5%
Use a business acquisition loan to buy a business. This loan type will help you purchase an existing business or franchise, which means you can take advantage of that stellar business opportunity even if you don’t have the capital to purchase it outright.
If you’re looking for a loan to buy a business, this one is tailor-made for you. A business acquisition loan helps you zero-in on the benefits of purchasing an existing business or franchise rather than going the startup route—all with terms and rates specifically designed to meet your needs.
The startup phase of any business can be pretty backbreaking. Skipping to the “established business” phase can save you a headache and give you a leg up in small business. Buying an existing business or franchise enables you to hit the ground running and leverage existing resources to accelerate your growth—which often means you can go further, faster.
Business acquisition loan amounts range from $5,000 all the way up to $5,000,000.
For most small business loans, a lender will review factors like your credit history, time in business, and revenue to determine if you qualify. If you’re buying a business or franchise, your lender will look at slightly different criteria to ensure that you’re investing in a viable business, and in turn, will be able to repay the loan.
Our 15-minute online application gives you access to Lendio’s network of 75+ lenders. That averages out to 12 seconds spent applying to each lender, making it ideal for a time-saving genius like you.
If you don’t have all your paperwork ready, don’t worry. You can start exploring business acquisition loans today and your funding manager will help you fill in any gaps.
As if a business acquisition loan didn’t make buying a business easy enough, the rates can make the deal even sweeter. If you meet the qualifications, you can receive an interest rate as low as 5.5%, which means you’ll save a bundle of cash over the lifetime of your loan.
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