At LINK, we work with buyers at every stage of their acquisition journey, and securing the right funding is often the difference between a deal that happens and one that doesn’t. The good news? You have options.
Traditional bank loans
A classic choice for a reason. Bank loans are one of the most common ways first-time buyers fund acquisitions. Banks typically look for strong personal financials, a solid business plan, and evidence that you understand the business you’re purchasing.
If you’re buying an established business with a steady cash flow, this can work in your favour, lenders love stability. Some banks also offer specialist small business or franchise loans, which can be a great fit depending on the nature of the opportunity.
Angel investors and private backing
If you’re short on capital but rich in ambition, partnering with an angel investor can help bridge the gap. These investors typically fund part of the acquisition in exchange for equity or a share of future profits.
The right investor brings more than just money, they can offer mentorship, networks, and industry insight. The trade-off is reduced ownership, so it’s worth considering how much control you’re comfortable giving up in exchange for financial support.
Vendor financing, or seller finance, is when the seller agrees to accept part of the purchase price over time. It’s a popular choice for smaller acquisitions and can be a smart way to structure deals when traditional lending only covers part of the price.
For buyers, it eases cash flow in the early stages. For sellers, it signals confidence in the business’s continued success, creating a sense of shared commitment.
Combining funding options
Most first-time buyers use a mix of funding sources. For example, you might combine personal savings for the deposit, a bank loan for the majority of the purchase, and vendor financing to close the gap. The right balance depends on your resources, risk tolerance, and the nature of the business.
Start with expert guidance
Securing finance for your first business doesn’t have to be daunting. At LINK, our brokers work alongside buyers to unpack their options, prepare the right documentation, and introduce them to finance professionals who specialise in business acquisitions. We make sure every step, from connecting you with finance professionals to explore the right lending structure for you, through to finalising the deal, feels clear and achievable.
That’s where Onboard comes in. With over 500 business purchases facilitated, Onboard has over a decade of experience financing business acquisitions. They understand the unique challenges first-time buyers face and tailor lending solutions to fit each situation. Their flexible funding options, quick turnaround times, and genuine one-on-one support mean you can move forward with confidence, not uncertainty.
Whether you’re buying a café, a construction company, or a niche service business, the right finance partner and strategy sets the tone for long-term success.
If you’ve found a business that feels right but aren’t sure how to make the numbers work, talk to us. At LINK, we’ll guide you through every stage of the process and connect you with trusted partners like Onboard, helping you turn ambition into ownership with clarity and confidence.
Ready to take the next step? Get in touch with us here.
