Business Acquisition Loans

Are you looking to grow your company? A business acquisition is one way to expand. Need the cash to help you get started? A Merchant Cash Advance could work perfectly for you. With an MCA from mCashAdvance, you can get up to $500,000 in as little as 4 hours!

Get business acquisition loans from All Year Funding

Here are just a few of the features of our MCA:

  • Application is entirely online – no paperwork hassle
  • We directly fund the money – no expensive go-betweens
  • We work with bad credit
  • No collateral needed
Apply now for an MCA up to $500k!

What is a business acquisition loan?

A business acquisition loan is a loan to buy a business. You can use this kind of loan to acquire a business that already exists. If you want a loan to start a new business from scratch, a startup loan will better fit your needs. There are a few types of business acquisition loans;

1

SBA loan. An SBA loan is a loan backed by the US government. The goal of the United States Small Business Administration is to help Americans start and grow businesses with loans, loan guarantees, counseling, and other forms of assistance. If you are approved, the SBA will guarantee up to 85% of what a bank would lend you. This will make the interest rate much lower, and the repayment terms will be longer. The downside of an SBA loan is that the application process is quite lengthy.

2

Traditional bank loan. If you try to get business acquisition loans via your local bank, it can take a long time, and the rates will not be cheap. They will examine both your credentials and the business you want to purchase to make sure you are a low-risk borrower.

3

Seller financing. You can ask the seller to provide the funding. The seller provides you with a loan that you pay back, usually from the business’s profits. Seller financing is convenient, and very often works out cheaper than traditional loans.

4

Merchant Cash Advance. An MCA is a lump payment provided to a current business in exchange for a percentage of future credit or debit card sales.

MCashAdvance offers Merchant Cash Advances of up to $500,000 to businesses. This money can be used for anything the business needs, including the acquisition of a new business.

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Do I qualify for a loan to buy a business?

Do you have a business that has been operating for at least six months? Are your payments processed by debit or credit cards? Are you looking for an MCA from $5,000? If you can answer yes to these questions, you will likely be approved for an MCA from mCashAdvance.

Can I buy a business with no money?

Many entrepreneurs look to buy a business with “no money down.” In truth, these business loans do not exist. Lending 100% of the business’s cost would be a huge risk if the business fails, and lenders are not willing to undertake such a risk. It’s always best to prepare to have some money down.

How do I apply for a business acquisition loan?

Before applying for a business acquisition loan, you will need to have the following documents handy;

  • A Business plan
  • Agreement to purchase the business
  • Records of the business’s financial performance and valuation
  • Financial projections
  • Tax returns of the company you want to purchase

You can also provide any related experience that will help you successfully manage and grow the business.

If you choose to apply for business acquisition loans with a cash advance from AYF, you can apply online and get your pre-qualification in just 2 minutes. If you are approved, you can get your money in as little as 4 hours.

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How to buy a business

Here is a step-by-step guide to buying an existing business:

1

Get professional advice – Choose a qualified solicitor and accountant for your business.

2

Research the business sector that you’re interested in

3

Arrange finance – Choose the right business acquisition funding for your needs (see the options listed above).

4

Propose a business offer – If you do this over the phone, make sure to follow this up in writing on headed notepaper.

5

Negotiate the deal – Make sure that the business has a lot of growth potential. Learn how to negotiate a deal here.

6

Complete the sale – Even once you have come to an agreement, the sale could fall through until you have received; a verification of financial statements and a transfer of leases, contracts, and existing or new VAT registration.

What are the benefits of buying an established business?

Here are some of the main advantages of purchasing an existing business

  • The business groundwork has already been established.
  • It should be easier to get funding for an established business.
  • You should get an established customer base, a reliable income, a reputation to capitalize and build on, and a useful network of contacts. e.g. suppliers
  • An existing business usually has enough stock for the short term and all the necessary equipment.
  • Existing staff – Experienced staff already know how the business runs and can share their expertise with others. This also saves you time and money upfront on recruitment and training.

Why choose mCashAdvance for business acquisition loans?

With our high acceptance rates and dedicated support team, cash advances from mCashAdvance can be the perfect solution to turn the business that you want to purchase into a prospering company. With our instant decisions and same day funding, you won’t need to wait around any longer to finalize that deal. Join hundreds of successful companies all over America that we have already helped with private investments totaling over $47,000,000.

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