Business Acquisition Funding
Looking to purchase a business? BizBloom helps you secure the business acquisition financing you’ll need.
The financial recession that started in 2008 has affected nearly every aspect of the business world. And no industry has been more impacted than the financial industry. Banks have become tight with credit and loan approval rates have dwindled. Business acquisition loans are no exception. Banks that used to finance up to 80% of a purchase are now typically funding only around 50%. This means larger down payments are required from buyers and seller financing is becoming more and more common.
According to a recent article in Inc. Magazine, the credit crunch after the Great Recession led to an increase in seller financing. The article goes on to explain that securing capital and the best financing terms for an acquisition can be extremely challenging.
Now, here is some good news: securing business acquisition financing with more favorable terms IS possible. A business acquisition loan simply requires a little more preparation and flexibility by both the buyer and seller. Business acquisition financing can be used for financing the purchase of an existing company, refinancing, or purchasing a franchise.
With BizBloom, securing a business acquisition loan quickly and with favorable terms is now a reality.
Fill Out Our Simple Online Application
It’s fast and easy. Again, you don’t need any personal financial information to submit your application and be considered. Everything is based on business performance. If you have any questions, we’re standing by to help you.
Consult With Our Loan Advisors
Based on your application, we’ll help you consider all your options and pick the best financial solution for you. We know the challenges small businesses face and will offer expert advice for your unique situation.
Close On Your Loan Or Line Of Credit
We’ll help guide you through the entire process, serving as your personal liaison to over a hundred fine lenders. It’s what we do every day, serving small businesses like yours throughout the U.S.
Our loan consultants will contact you with approval. In as few as 24 hours, you could secure the working capital you need and peace of mind you want.