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Would you like to purchase a viable existing business but the banks wont help due to lack of substantial down payment, lack of collateral, credit issues, etc.
We can help if you have just 10% to 15% cash down payment. We will finance up to 90% of the purchase price with a combination of 1st position loan, gap funding or seller carry back. Business must show requisite cash flow. Client should have reasonable income. No upfront fees. No collateral. See below for credit score requirements.
- Minimum loan amount - $500K - No Maximum
- Subject business MUST be established at least one year and grossing $5K+ a month on average.
- Applicant(s) must have 500+ FICO scores (preferably 600+) and business and/or personal income verified by the last three months of bank statements. FOREIGN NATIONALS LOOKING TO BUY BUSINESSES WITHIN THE 50 STATES AND CANADA ACCEPTED WITH MINIMUM 20% DOWN.
- Questionnaire and application with SOFT credit pull required to receive pre-approval quote or denial.
- Interest rates start at 5%
- Loan term up to 25 years.
- Close in as little as 10 days.
- NO CLOSING COST, ORIGINATION, OR APP FEES!
Contact me for consultation.
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Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.