Purchasing an existing business is an excellent way to achieve employment independence. Business acquisition loans often combine a variety of collateral, such as inventory, equipment, working capital and commercial real estate. Anchor Banc also has the ability to provide loans for partnership buyouts, many times financing up to 100 percent of the project. Our business acquisition loan process is built for speed and focused on reducing administrative burden for both the buyer and the seller of the company.
While most of our business acquisition loans feature commercial real estate as collateral, we also lend on businesses that do not own real estate. Loan terms tend to be longer for real estate backed transactions due to the nature of the collateral.
We understand that purchasing a business may be one of the biggest decisions of your life. Anchor’s experienced loan officers are prepared to walk you through each step of the process to ensure a smooth experience from start to finish.
No Minimum Credit Score | Any Owner Occupied Property Eligible
No Maximum Loan to Value Projection Based Financing Allowed