Acquisition loans are loans that businesses use to acquire other businesses or strategic assets, such as equipment. These are purchases that can’t typically be made using the company’s normal cash flow, so businesses use loans to make the purchase without having to raise capital. Using an acquisition loan, your company can make large strategic purchases with as little as 15% down, then pay off the balance over time.
Acquisition loans are extremely common for companies that are growing quickly as well as those actively engaged in mergers and acquisitions. They’re also sometimes used by companies that utilize large or expensive equipment, like construction companies, data storage providers, or large contractors. Acquisition loans help these businesses acquire crucial assets (including other companies) that can help them grow their bottom lines.
*** All files are subject to full underwriting & qualifications specified by each bank. There can be no assurance that any applicant will be approved and that credit will be offered.***
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