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Buyout
Buy out a partner with complete confidentiality and
affordable terms
Keep Your Business Running
Smoothly During a Partner
Buyout
Are you looking to buy out a partner because of retirement, disability, death or a partner dispute? Because buying out a partner is often complicated by personal factors, it is important to work with a lender who can navigate your buyout with complete confidentiality.
It’s not uncommon for lenders to call in lines of credit when they hear a partner is selling or leaving a business. This is especially true if the partner leaving has the longest relationship with the bank. If credit is called in before financing for a buyout is finalized—you may not have the cash flow to keep the business running.
Lender confidentiality is key to ensuring a smooth transition of ownership and capital during a partner buyout. As a transactional lender, Business Capital can help you secure financing to buy out a partner without interfering with your existing business lender.
By keeping your business affairs private, we help ensure you have the cash flow to run your business during and after the buyout. We can also refinance other loans that are under your partner’s name —giving you a clean slate as you take over the business.
Features of Partner Buyout with Business Capital
- Longer terms
- Lower monthly payments
- Up to 100% financing
- Lower fees
Why Business Partner Buyout Is
Worth It
Fractures in business partnerships happen for dozens of reasons.
Maybe you want different things out of the business. Maybe your
partner has been offered a new opportunity too good to pass up.
Or maybe there's been a personality conflict, and you can't get
out of this partnership fast enough. If you’ve been considering
buying out a partner, here are some ways it could benefit
your business.
Reduce Liabilities
Typically, each partner involved in a partnership is both individually and jointly responsible for the financial burdens of the company. In addition to sharing profits and assets, a partnership also entails sharing any business losses, as well as responsibility for any debts, even if they are incurred by the other partner.
By buying out a partner you reduce this liability on both your business and personal finances. You’ll no longer be responsible for decisions your partner makes in connection with the business.
Reduce Liabilities
Typically, each partner involved in a partnership is both individually and jointly responsible for the financial burdens of the company. In addition to sharing profits and assets, a partnership also entails sharing any business losses, as well as responsibility for any debts, even if they are incurred by the other partner.
Reduce Liabilities
Typically, each partner involved in a partnership is both individually and jointly responsible for the financial burdens of the company. In addition to sharing profits and assets, a partnership also entails sharing any business losses, as well as responsibility for any debts, even if they are incurred by the other partner.