Buying a business is one of the most exciting investments you’ll ever make — but unless you’re paying all cash (and most buyers aren’t), you’ll need the right financing strategy to make it happen.
At KMF Business Advisors, we work closely with buyers across Florida to help them secure financing options that fit their goals and timelines.
Here’s a simple breakdown of your best options.
1. SBA (Small Business Administration) Loans
Most popular option for business buyers in Florida.
Backed by the government, which makes lenders more willing to approve you.
Highlights:
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Lower down payments (typically 10%–20%)
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Long repayment terms (up to 10 years)
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Competitive interest rates
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Can be used to purchase existing businesses, franchises, or expansions
Important:
You’ll still need good credit, strong personal financials, and a solid business plan.
At KMF, we can connect you with Florida-based SBA lenders who specialize in business acquisitions.
2. Seller Financing
Often used when buyers can’t get full bank financing.
The seller acts as the lender — you pay part of the price over time.
Highlights:
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Flexible terms (interest rate, repayment period)
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Easier approvals (no bank involved)
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Shows seller confidence in the business
Important:
You’ll usually still need a down payment and a written financing agreement.
KMF Business Advisors help structure seller financing deals that protect both buyer and seller.
3. Conventional Bank Loans
Traditional loans from commercial banks or credit unions.
Best for buyers with strong credit profiles and collateral.
Highlights:
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No SBA paperwork delays
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Direct negotiation with your bank
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Competitive rates for highly qualified borrowers
Important:
Conventional loans can be harder to secure for small businesses without strong historical cash flows.
We can recommend banks that understand small business transactions in Florida’s market.
4. HELOC or Personal Assets
Some buyers use personal resources to fund their acquisition.
Examples:
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Home Equity Line of Credit (HELOC)
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401(k) rollovers (with legal guidance)
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Personal savings or investor partners
Important:
Using personal assets can offer speed — but also higher risk. Always consult a financial advisor first.
5. Private Equity or Angel Investors
Larger deals or fast-growth businesses may attract private investors.
Highlights:
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Access to bigger capital
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Potential operational support from investors
Important:
You may have to give up equity, control, or profit sharing in exchange.
KMF Business Advisors can help connect qualified buyers with local investment networks.
Bonus Tip: Prepare Your Financial Package
Before applying for any loan or approaching a seller, have these ready:
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Personal financial statement
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Credit report
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Resume (especially if buying a business in a new industry)
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Business plan (for certain loan types)
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Target business financials (P&L, balance sheet, tax returns)
Preparation = faster approvals and stronger negotiation power.
Final Thoughts
Financing a business acquisition in Florida isn’t one-size-fits-all — but with the right strategy, your dream of ownership is within reach.
At KMF Business Advisors, we don’t just help you find the right business — we help you find the right financing too.
???? Ready to buy a business in Florida?
Schedule your free financing consultation with KMF Business Advisors today.