Sound familiar?
We're looking at buying another business.
The purchase could open a new chapter, but the business needs cash after completion too.
The situation
Buying another business may bring customers, capacity or expertise you want to add. Alongside the price, you may need money for professional advice, joining the businesses together, investment and everyday trading.
What might be worth exploring
Funding may support part of the purchase and leave room for the costs that follow. We would need to understand the deal, your contribution and whether the combined business could cover repayments without leaving trading short of cash.
What to think about
Alongside the purchase price, we'd consider existing liabilities, integration costs and the cash needed to operate after completion. The structure of the acquisition, the businesses involved and their financial position will help shape the funding options. Your solicitor and accountant can support the legal, tax and due diligence aspects of the transaction.
How the conversation starts
Where are you in the process, what interests you about the business and has a price or timetable been discussed? Those details help us understand the shape of the purchase.
Understanding your options
Every lender approaches funding differently. We'll explore the options available, including how the borrowing could be structured and whether any security or guarantees are needed. You'll know what's involved before making any decisions.
No product name needed
Not sure where you fit?
Tell us what you are trying to do, or what needs to change.