Biz2Credit helps you with the business acquisition financing needed to buy a business.
Secure a business acquisition loan quickly with favorable terms
The financial recession that started in 2008 has affected nearly every aspect of the business world. The financing industry experienced perhaps the biggest change. Banks have become tight with credit and loan approval rates have dwindled as a result. Business acquisition loans are no exception. Banks that became accustomed to financing up to 80% of a purchase are now typically funding only around 50%. This means larger down payments are required from the buyers and seller financing is becoming more and more common.
According to a recent article in Inc. Magazine,the credit crunch led to an increase in seller financing after the Great Recession. The article explains that securing capital and the best financing terms for an acquisition can be challenging and has resulted in changes in the financial system.
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 a the purchase of an existing company, refinancing, or purchasing a franchise.
How it works
That's where Biz2Credit comes in.
We specialize in matching borrowers with favorable sources of funding - sometimes up to five different lenders. We have developed a network of over 1,300 lenders to ensure that every one of our clients has the best possible chance of securing the small business loan they need to succeed.
Business acquisition loans are one of Biz2Credit's specialties. We work individually with borrowers/purchasers to ensure that they present their very best position to lenders. Here are some ways to prepare for success before applying for a business acquisition loan.
- What is the continued growth opportunity offered by the targeted company?
It's important to look beyond a cheap purchasing price in order to truly understand the value of your purchase.
- Have you created a strategic targeted growth plan for your newly merged companies?
Take the time to evaluate all aspects of both of your businesses. Lenders will appreciate seeing that you understand the ins and outs of the company you are acquiring.
- Is your acquisition a good match for your current market and industry?
Lenders might not feel comfortable financing an odd couple merger.
Consider using seller financing with a term of 5 to 10 years to buy a business. Lenders feel more confident funding acquisition deals that involve seller financing. Also, seller financing involves less paperwork and does not require an appraisal.
Revath was very helpful and nice. thank you so much =)
Thursday, July 02, 2015
Revath was very helpful and nice. thank you so much =) more...
Money in hand
Monday, June 29, 2015
They work with you to get the money you need. more...
Friday, June 26, 2015
I would like to thank revathi sundararajan for excellent support & exceptional service throughout the process. she made sure i was aware of all the p more...
Wednesday, June 24, 2015
I would like to thank revathi for excellent support throughout the process. she made sure i was aware of all the proceedings until the loan was close more...
Erp consultants inc
Biz2credei is excelent program for small business.
Wednesday, June 24, 2015
Biz2credi gave me the opportunity grow up my business. they have real good and excellent helpful employees to help the customer. i encourage to all sm more...