Can You Buy a Business With No Money Down?

Buying a business with no money down is one of the hardest ways to acquire a business. However, it is possible to buy a business with no (or little) money down under the right circumstances. In this article, we examine: Reasons why you can’t or won’t put money down Options for financing the acquisition If […]

Can You Buy a Business if You Have Bad Credit?

The short answer: It depends. Having bad credit makes the process of buying a business more difficult. It will require more work. It will require persistence. However, getting a business acquisition loan while having bad credit is not always impossible. In this article, you will learn: What exactly bad credit is Why your credit is […]

What are the Requirements of a Business Acquisition Loan?

In my previous article about financing a business acquisition, I discussed six ways that you could finance a business purchase. In the article, I mentioned that a common way to finance the purchase of a business is to get an acquisition loan through the Small Business Administration (SBA). SBA-guaranteed loans are offered by banks in […]

Financing a Business Purchase

When most folks think about becoming an entrepreneur, they often think about starting a company. That is certainly one way to become an entrepreneur. However, another way to become an entrepreneur is to acquire an operating business. This method has some advantages over starting a business from scratch. If you perform your due diligence correctly, […]