Lenders get nervous if more than 15% to 20% of the business's revenue comes from a single client. If that client leaves, the business could fail to pay the loan. 📝 Essential Documents You Will Need
Be prepared to hand over an extensive paper trail during underwriting: Business Acquisition Loans: A Guide for Businesses - Stripe loan to buy existing business
Lenders view business acquisitions as "cash flow lending" because the business's existing revenue will be used to pay off the debt. 🏛️ Top Funding Options Lenders get nervous if more than 15% to