Business Financing                        Call Toll Free (866) 746-0698

      



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Contact Us for business financing:

AIM Team Business Brokerage has established relationships with lenders specializing in financing for all types of businesses (and associated real estate).  Our brokers can refer you to specialists in the following lending sources:

Commercial & SBA (Small Business Administration) Loans
The AIM Team's large network of lenders provides you with a variety of funding possibilities to get you approved with an optimal loan for your situation.  The loan program and applicable rates used for your loan depend on several factors including your credit and personal financial history, available down-payment, and the financial statements of the business. 

Our brokers will help guide you through the application process.  Although lenders' documentation requirements vary, the following is a list of items the buyer must supply for an SBA loan.   

  • Last three years of personal Federal Tax Returns for all borrowers
  • Personal Financial Statement including all personal assets and liabilities
  • Recent Credit Report and FICO score
  • A recent resume and description of how your experience will help the business to succeed
  • A completed SBA Loan Application
  • Purchase Agreement and all escrow documents
  • Business Financials and other documentation supplied by the seller
Seller Financing  
Business sales are often financed, at least in part, by the sellers themselves.  Seller financing is an optimal solution when the business, for a variety of possible reasons, does not appeal to traditional lenders.  This is also a great solution when lending requirements tighten in a tough economy.

Although each transaction is unique, sellers will often finance from 1/3 to 2/3 or more of the sales price. The interest rate of the seller note is typically at or below the rate offered by conventional lending, and the term will typically be from 5 to 10 years.    

Home Equity Line of Credit (HELOC)
A HELOC allows you to use the equity in your home to qualify for a sizable amount of credit with a relatively low interest rate.  The application process is often quite simple.  Once approved, you may draw from this loan as needed, and use the money how you please.