Acquiring an existing business can be one of the smartest ways to grow your entrepreneurial journey.
Whether you’re purchasing a competitor, stepping into a franchise, or buying out a retiring owner, securing the right financing is critical.
The SBA 7(a) loan program is widely recognized as the most flexible and affordable option for business acquisitions. With longer repayment terms, lower down payments, and government backing, SBA 7(a) loans make it possible to acquire a business while keeping more of your cash available for working capital and growth.
Why SBA 7(a) is the Best Loan for Acquisitions:
Lower Down Payments: As little as 10% down compared to much higher requirements with conventional financing.
Longer Terms: Repayment terms up to 10 years for business acquisitions, reducing monthly payments and easing cash flow.
Goodwill Financing: Unlike conventional lenders, SBA 7(a) loans can finance intangible assets such as goodwill, which are often part of an acquisition.
Working Capital Included: Funds can cover not just the purchase price but also working capital to support operations post-acquisition.
Government Guarantee: With SBA backing, lenders are more willing to finance acquisitions that might otherwise be considered too risky.
Why Choose Phoenix for Your Acquisition Financing?
At Phoenix, we specialize in SBA and USDA lending. Business acquisitions are one of the most common — and most complex — uses of SBA 7(a) loans. That’s where our expertise makes the difference.
- Deep SBA Experience: Our team has decades of combined experience in SBA lending and knows how to structure acquisition deals the right way.
- Personalized Guidance: We don’t just process your loan; we partner with you to understand the business you’re buying and your growth goals.
- Efficient Process: Our streamlined platform and dedicated pods (sales, underwriting, and closing teams) help you move from application to closing with clarity and confidence.
- Proven Results: We’ve helped countless entrepreneurs successfully finance acquisitions through the SBA 7(a) program — and we’re ready to help you do the same.
Ready to Take the Next Step?