If you are looking to buy a business please read through our Business Buyer Resources section.
We write articles about the business buying process and other topics that might be useful for entrepreneurs looking to buy a small or medium sized business in Canada.
Business Buyers - Register With Us
If you are in the market to buy a business (now or in the future) please register with us. Your information will remain confidential. We will add you to our database of potential business buyers and keep you informed of when there is a suitable match you would be interested in.
Financing a Business Purchase If you are in the market looking to buy a business for sale, how the purchase will be financed is an important issue for you to address. Often, potential business buyers are surprised to learn that buying a business is a completely different type of transaction as compared to buying a house or even a commercial real estate. There is much less risk tolerance on the part of most lender to finance a small business acquisition. In fact, it may be quite difficult to buy a business without a sizable down payment. There are some government sponsored small business acquisition loan programs available that are administered by chartered Banks and other financial institutions that you should investigate if you are serious about buying a business for sale.
The key point we are trying to stress is that business acquisition financing can be tight so be prepared to come up with a sizable down payment and really do your homework with respect to available financing. Other common sources of business acquisition financing in Canada include 'friends & family' money (be careful going down this path though), retirement funds, home equity line of credit, vendor financing negotiated with the seller of the business and perhaps bringing in a partner. There are risks associated with all of these options so please be prudent.