Generally, when you’re applying for a business acquisition loan, you’ll be able to access a loan amount up to 100% of the value of the existing business. You may also be required to offer a loan down payment upfront in order to access funding to purchase an existing business.
Typically, you’ll need to provide a down payment of 10% to 30% of the value of the business you’re purchasing. The more money you can offer as a down payment, the more likely you are to access lower interest rates.