A business acquisition loan helps a client acquire an already existing business, purchase or start a new franchise or buy out a partner. There are many different loans that can be put under the umbrella of business acquisition financing. The amount of loan that can be sanctioned and the rate of interest varies according to the type of business being acquired and various other factors.
Types of Business Acquisition Loans
- Term loans
- SBA Loans
- Equipment Financing
Priority Lending will help help you clear the hurdles associated with business acquisition loans, in order to find funding faster than traditional methods.
Priority Lending and Business Acquisition Financing
Getting a loan to acquire a new business is a complicated process and usually takes a lot of time. Priority Lending helps businesses streamline the process by offering them a structured approach and direct access to some of the top lenders in Canada.
At Priority Lending, we work closely with various banks and alternative lenders in Canada who specialize in business acquisition loans. Our Financial Advisors are trained to handle the loan process from start to finish. To start the process, you just need to complete an application form and supply some standard documents.
Your Financial Advisor will also guide you through this process and explain the benefits of choosing a particular financial product for your business. Priority Lending is all about supporting small businesses and we have established that with our simplified processes and client-centered process.