Can I Use A CSBFP Loan To Buy An Existing Business?

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FAQs

Frequently Asked Questions

CSBFP Financing Is Subject To Specific Eligible-use Rules And Should Not Be Treated As General Financing For Every Business Acquisition. Eligible Purchases Of Commercial Real Property, Equipment, Leasehold Improvements And Certain Intangible Assets Or Working Capital May Qualify Within Applicable Limits. The Purchase Of Company Shares Is Not Eligible, And Seller Financing Itself Cannot Be Financed As An Eligible CSBFP Expenditure. Confirm The Proposed Transaction And Eligible Assets With A Participating Lender Before Relying On This Program.

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