Financing your purchase of a business can be tricky. You may
have a number of financing options depending on your experience,
assets and type of business. In most cases you will need to have
financing in place before you complete the purchase of the
business. This factsheet sets out what do you need to do to get
your financing in place. It covers:
- what documents and information you
need to apply for finance;
- factors to consider when choosing
your lender; and
- the important features of financing
arrangements.
This factsheet is relevant if you are seeking debt financing
(i.e. a loan) rather than equity financing (i.e. issuing shares in
your business).
Part 1: Information You Will Need to Apply for Financing
