INTRODUCTION
The purchase of an existing business often includes the acquisition of property or land in combination with the normal assets of a commercial business. It is for this reason that commercial loans are often the most effective form of funding, allowing flexibility of rates and payment schedules. There is usually a requirement for a minimum 25% deposit to be contributed by the borrower, although this can be reduced with additional security.
A business acquisition can provide a number of benefits:
- The ability to sell products and services into complimentary markets
- Increased profitability due to combined overhead reductions
- Additional management and / or skilled labour force
- Increased geographic coverage
- Elimination of a competitor
Growth by business acquisition is a key strategy of many businesses at some stage in their life cycle. The right acquisition at the right time will increase the income stream and the value of the combined business.
As independent Corporate and Commercial Finance Brokers, we can assist individuals and company's in raising finance to purchase most types of viable business.
WE CAN HELP IF:
- You've been refused or let down by your bank
- You need to invest in business assets like vehicles, technology or equipment
- Your business needs extra working capital
- You want to purchase a commercial property
- You are planning to build or refurbish a commercial property
- You want to purchase a business
OR IF:
- You want to increase your funding options
- You need to raise finance from property very quickly
- You're concerned about being exposed to only one lender
- You want to reduce the cost of existing financial commitments
- You want to unlock equity from property, vehicle or business assets
- You'd like to negotiate better rates and terms than you've been offered so far
Being independent, we have the freedom to source our tailored finance solutions from a diverse range of commercial finance products and a national network of high street and specialist business funders.
Regardless of what stage you have reached in buying a business why not contact us now to see if we can help raise the finance you need.
