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Real-World Examples and Data
According to a report by the Small Business Administration (SBA), the average loan amount for business acquisitions in the United States is approximately $350,0001. However, the actual amount can vary significantly based on the size and type of business being purchased. For example, acquiring a small retail store may require less capital compared to a manufacturing facility.
In recent years, alternative lenders have gained popularity for offering business acquisition loans with more lenient requirements. A study by the Harvard Business School found that alternative lending has grown by 40% annually since 2015, providing more options for entrepreneurs who may not qualify for traditional bank loans2.