Business Purchase Financing

Financing your business purchase the correct and most efficient way can be critical to your long term success. There are many potential road blocks that affect the ability to finance the purchase of a small business: such as years in business, profitability, staff/employees retention, future potential, management experience, goodwill/brand in market, assets, customer contracts, location etc.

It is important that you work with an expert business broker in advance of researching and conducting due diligence on a potential business as to understand which businesses you may be able to qualify for purchase and finance. A surprising number of entrepreneurs wait until the last moment to arrange financing without knowing where or how to obtain the information and submission package requirements as well as the best bank to work with for the purchase.


There are various sources of business loans and funds to help with you purchase such as:

  • Using your 401k or IRA without creating taxable income
  • Local bank loans
  • SBA loans
  • Private lenders
  • Seller financing
  • Veteran loans
  • Investor groups

Every transaction is unique and financing must be customized to meet the needs of the lender and you as the potential buyer. The advantage of buying an existing business is typically, financing is easier than financing a new or start-up business due to the goodwill, history, earnings and assets of that business.


Contact the experts at Destin Business Brokers who have years of experience in local lending to guide you through the process.