Financing For Your Business and Acquisitions
Good Merger Helps Buyers Finance Their Business Purchase Or Acquisition
SBA-Backed Loans & Commercial Business Loans
Good Merger has real-world experience helping buyers finance the purchase of a business. We’ve helped businesses and buyers get qualified and approved for loans, including SBA-backed loans which cover the majority of the expenses outside of the buyer’s cash deposit. Viking can help you:
Determine how much of a loan you need
Understand the difference between debt and equity arrangements
Explore the various funding options that are available to you
Ensure that you have access to all of the business paperwork—including financial statements, tax returns and other info—that you’ll need to obtain financing
Assist you with lender contacts to help with the loan application process
Seller Financing
“Seller financing” is when the current business owner is willing to provide a loan to the buyer, essentially accepting a series of payments in lieu of receiving a full cash payment at the time of the sale. Some sellers are open to this, while others are not. Typically a seller who does finance part of the sale will require an initial down payment. The terms of seller financing will vary widely depending on the seller and their situation. Our team can help you understand the various moving pieces here, and counsel you as to how to structure your offer so as to be competitive and attractive for the seller, while also giving you the flexibility you need and fitting within your budget as it pertains to initial out-of-pocket cash.
If you’re interested in buying a business but don’t have piles of money lying around, you’re not alone. Many dream of business ownership, but few have the available cash to simply purchase a business outright with a full cash offer. If this applies to your situation, you’ll be delighted to know that there are a variety of options when it comes to financing your purchase.
Specializing In Obtaining Financing For Businesses <$5mm
Good Merger specializes in selling and helping buyers obtain financing for businesses that sell for less than $5 million, but we have experience with businesses of all sizes and values. Get in touch with us today to learn more about how we can help you turn your dream of business ownership into reality by helping you get the financing you need for your business acquisition.
Ready to move forward and see which businesses might be a good fit for you? If so, contact us today to get started.
