The purchase or sale of a business is a significant transaction which needs to be carefully navigated. The process can be very complex, with many moving parts and strategic considerations. Our business law team has extensive knowledge and experience advising on all aspects of business purchase and sale transactions.
When maneuvering through a transaction, we work with our clients to understand their options and their responsibilities to all stakeholders, including shareholders, lenders, and employees. Our team will make the transaction as smooth as possible by:
Our business law team has experience working with businesses of all sizes across many industries. We will ensure that your transaction is carried out correctly and efficiently, while mitigating risks and protecting your interests throughout.
If your business is incorporated, you have the option to sell shares. This share purchase will result in all assets of the business, including the name, transferring to the buyer. With all the assets, also comes the liabilities.
The business and buyer are able to qualify for a SBA loan with the following terms: a 25% down payment on the purchase price is required. a 6.5% interest rate. a 10 year amortization.