Business Acquisition
This loan is intended for business owners who are seeking funding to purchase a business.
Loan amount $350K to $10M
Terms vary based on need. Max term is 25 years
Min credit score 600
Document needed:
From buyer: Application
Two years of business tax returns for all businesses owned
Two years of personal tax returns (in some cases)
YTD Profit and Loss
Balance Sheet
Debt Schedule
ID
Resume
Form Seller
Two years business tax return
YTD P&L