Expand your business potential
Business Acquisition and Franchise Loans
Grow your business and aim for long-term success with the help of Mountain America.
Get the right business acquisition loan
Whether you are buying or starting a franchise, buying out a partner or purchasing an existing business, Mountain America has options to help make your dreams a reality.
Acquisition loans can be used to purchase franchises, dental offices, accounting firms, manufacturing businesses, medical practices and many other business types.
Take advantage of Mountain America’s extensive tools and knowledge to prepare for business ownership and long-term success.
Benefits of franchise and business acquisition loans
- Ownership buyouts
- SBA 7(a) loan program
- Competitive rates
- Up to a 10-year term
- Typically secured with fixed-asset collateral
Business acquisition loans FAQs
How much money can you borrow to buy a business?
Typically, business acquisition loans range anywhere from $50,000 to $5 million.
How do you begin the process of getting a business acquisition loan?
- Determine which business or franchise you want to purchase.
- Determine the amount of money you want to borrow.
- Check your personal and business credit scores.
- Contact a loan officer to help determine the best loan option and structure.
- Gather all the requested documents and information for the lender.
- Apply for a business acquisition loan.
Is it difficult to get a business loan to buy an existing business?
Securing a loan to purchase an existing business is absolutely achievable with the right preparation. While the process may take some time and require more documentation, many lenders are eager to support entrepreneurs who have a solid business plan and the needed financial statements. By gathering all necessary paperwork in advance and maintaining a credit score of at least 650, you can streamline the application process and increase your chances of an approval for your business loan.
What is an acquisition loan?
A business acquisition loan gives a company or person the opportunity to grow by borrowing money to purchase an existing business, become part of a franchise or purchase a specific asset.
