Frequently Asked Questions

20. Will I be able to obtain a loan for 100% of the purchase price of the business?

It is unlikely that you'll be able to obtain financing for the entire business purchase price since lenders/SBA aren't typically interested in financing 100% of any project. Lenders expect the borrower to contribute equity (cash) towards the purchase.

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Start Your Own Business | Buying a Small Business

The Arkansas Small Business Development Center is funded in part through a cooperative agreement with the U.S. Small Business Administration through a partnership with the University of Arkansas at Little Rock College of Business and other institutions of higher education. All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA. It is the goal of UALR to eliminate discriminatory harassment and to promote equal opportunity regardless of race, gender, color, national origin, sexual orientation, age, religion, veteran’s status, or disability.