Business Acquisition Loans

What is a business acquisition loan?

A business acquisition loan is a small business loan that’s designed for financing the purchase of an existing business or franchise. The amount you can borrow varies by lender, as do the requirements to qualify for a business acquisition loan.

How does an acquisition loan work?

An acquisition loan is a loan that’s given to a company to purchase a specific asset, to acquire another business, or for other reasons that are laid out before the loan is granted.

How do you qualify for an acquisition loan?

Requirements for a Business Acquisition Loan

  • Reasonable personal credit.
  • Business Plan
  • Cash flow forecast
  • Full financials for all applicants for their existing businesses plus personal income tax returns
  • Vendors financials of the business you are buying
  • Contract of sale or Section 52
  • Lease agreement
  • Last 3 months of home loan statements if the residential to be refinanced as the securities

What we can achieve for you if your application is successful:

  • LVR: 80%-100%
  • Interest rate: from 4.5%
  • Repayment type: can be interested only up to 5 years
  • Loan terms: 15-30 years

Please note application fees (0.75-1%) charged by banks apply to all business loans.

TSK Loans Pty Ltd is an authorized corporate Credit Representative (#528475) of Australian Credit Licence No. 384324 including our brokers:

Taranjit Singh Kahlon is an authorized Credit Representative No. 528474 – Call him today (03) 8721 9989

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