💼 Commercial Loans for Business Acquisition in Texas
Own Your Dream Business
Finance Your Business Purchase with Flexible Commercial Loans
Buying an existing business in Texas can be a smart and strategic move. Whether you're purchasing a franchise, local company, or expanding your existing operations, the right financing is essential. Commercial loans offer a way to fund a business acquisition without draining your cash reserves.
In this guide, we'll walk through how Texas buyers can use commercial financing to buy a business, including common requirements and best loan options.
💰 Can You Get a Loan to Buy a Business?
Yes—there are several types of commercial loans available in Texas specifically for business acquisitions. Lenders assess the profitability of the business, your management experience, and how much you're putting down.
Ideal for business acquisitions with low down payments and government backing for better terms.
Fixed-rate financing through banks or credit unions with competitive interest rates.
Where the seller finances a portion of the purchase price, often combined with other loans.
🌟 SBA Loans for Buying a Business
The SBA 7(a) loan is the most popular choice for buyers in Texas. It allows for up to 90% financing with longer repayment terms (10–25 years), making it affordable for most entrepreneurs.
✅ What Do Lenders Look For?
To get approved for a commercial loan to buy a business in Texas, lenders typically require:
A business with consistent revenue and cash flow history over 2-3 years.
At least 10%–20% down payment from the buyer depending on loan type.
Personal credit score of 650 or higher for most commercial loan programs.
Industry experience or a strong business plan demonstrating management capability.
🚀 The Business Acquisition Process
Business Evaluation
Analyze the business financials, market position, and growth potential.
Loan Pre-Approval
Get pre-approved for financing to strengthen your negotiating position.
Due Diligence
Complete thorough review of all business records and legal documents.
Final Approval & Closing
Finalize loan approval and complete the business acquisition.
Ready to Buy Your Business?
Let us help you secure the right commercial loan to buy a business in Texas—fast, simple, and tailored to your goals.
Get a Free Consultation & QuoteWork With Texas-Based Loan Experts
Local lenders understand Texas business markets and can provide faster approvals and better loan matching. At Commercial Loans of Texas, we specialize in helping entrepreneurs secure financing for acquisitions, expansions, and refinancing.
Also explore other financing options:
- Cash-Out Refinance - Unlock equity for business expansion
- Bridge Loans - Fast financing for time-sensitive acquisitions