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Types of Business Acquisition Loans for Small Businesses

Planning to buy an existing company or franchise but donu2019t have sufficient funds? Apply for a business acquisition loan and leverage the benefits of a strong reputation, an established customer base, and a proven track record. Have a look at the top 4 options.

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Types of Business Acquisition Loans for Small Businesses

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  1. Business Types of Business Acquisition Loans for Small Businesses Acquisition Loan

  2. Planning to buy an existing company or franchise but don’t have sufficient funds? Apply for a business acquisition loan and leverage the benefits of a strong reputation, an established customer base, and a proven track record. Have a look at the top 4 options.

  3. Though there are several different types of SBA loans, SBA 7(a) is the most common for business acquisition. Due to its lower interest rates and longer repayment terms, it’s one of the most affordable funding options to acquire a new business. SBA Loans

  4. Loan Amount: $30,000 to $5 Million Interest Rate: 5%-10% Repayment Terms: 10-25 years Time to Funding: 1-3 months Features

  5. From low interest rates to higher loan limits, longer repayment terms, there are a number of reasons that term loans are popular among small business owners to buy a new business. Business Term Loans

  6. Loan Amount: $25,000 to $500,000 Interest Rate: 7%-20% Repayment Terms: 1-5 years Time to Funding: 1-2 Day Features

  7. If you’re an aspiring entrepreneur looking to purchase an existing business, a startup business loan can be the right choice for you. You must have a good personal credit score to qualify for this loan. Startup Loans

  8. Loan Amount: $500 to $7,50,000 Million Interest Rate: 0%-17% Repayment Terms: Upto 25 years Time to Funding: 1-2 Weeks Features

  9. In some cases, if the majority of the purchase price for the business you’re acquiring is based on the value of the equipment being transferred, equipment financing could be a great choice for your business acquisition. Equipment Financing

  10. Loan Amount: $5,000 to $5,000,000 Million Interest Rate: As Low As 7.5% Repayment Terms: 1-5 Years Time to Funding: As Fast As 24 Hours Features

  11. Find and Compare Best Business Acquisition Loan Offers Apply through Smansha for an easy and quick loan process. Just fill out our application, then compare business acquisition loan options from our nationwide network of 40+ lenders. Thank You Website: https://www.smansha.com/ Source: Smansha

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