Find a bespoke loan to buy a business to invest and grow
With so much competition out there in the marketplace, it has been found that merely 50% of the UK businesses have been able to exist till 3-4 years. For them, it is indeed a challenge. For others, it is a golden opportunity to invest and grow their business. Yes, they tend to purchase an existing business and increase their commercial sphere in the UK.
Such a process involves lesser risks particularly when the business has been active for the last few years. Still, it is a costly process and not all companies can bear the expense of that significant purchase. At some point in time, you will have to look for alternative funding, like a loan to buy a business.
If you have already made up your mind to expand your business sphere, you can buy another company, and it has many advantages in your favour. However, you cannot ignore the possible risks. In reality, it is totally a different intention. You are not only buying a business, but also its assets, cash flow, returns, brand value and customers. You have to spend money to sustain or to grow it.
In such a scenario, getting the right finance to buy existing business in the UK becomes mandatory. Thebusinessfunds, your own business loan broker to buy a business, plays a crucial role in availing of the suitable finance to back your purpose. Once you submit your loan query here, you will get the opportunity to compare 50+ lenders offering financing for buying a new business.
How does the process of business acquisition loans work? |
Loan amount |
£10,000 to £500,000 |
Loan term |
36 months - 120 months |
Loan types |
Secured and unsecured |
Interest rates |
Fixed and variable |
Loan comparison rates |
Starts from 5.69% |