Introduction
Securing financing to buy a business can feel overwhelming — especially for first-time buyers. The good news: with the right guidance, the process becomes much clearer. Yaw Capital has developed a streamlined approach to acquisition financing. Here’s the step-by-step roadmap every buyer should follow.
Step 1: Prequalification
Lenders want to know you’re serious and capable. Prequalification ensures:
- Your acquisition fits financing guidelines.
- You’re matched with the right lenders from the start.
Step 2: Document Preparation
Typical requirements include:
- Three years of tax returns and financials for the target business.
- Buyer’s personal financial statement.
- Industry background and experience summary.
Step 3: Lender Match
At Yaw Capital, we identify lenders most likely to approve your deal — SBA, banks, or private capital — and package your application accordingly.
Step 4: Approval & Term Sheet
Once a lender is interested, they issue a term sheet outlining loan size, interest rate, repayment terms, and guarantees.
Step 5: Closing
Final due diligence is completed, loan documents are signed, and funds are wired. The business officially changes hands.
Conclusion
The acquisition financing process may sound complex, but with Yaw Capital’s structured approach, buyers move from prequalification to closing with clarity and confidence.
