It is more than likely that the path your business takes will change over time, and you will need to adapt to these changes. One common reason is the end of a business partnership, which happens for a number of reasons.
Perhaps you and your business partner have had creative differences, or one member wishes to retire. It could be that you need to buy further shares in the business or buy out an existing partner to move your business to the next level.
Whether your partnership has ended amicably or bitterly, it's a stressful enough time without having to think about how to finance a buyout. Revolution Brokers are experts at dealing with these situations and can help you find the right type of finance to suit your needs.
When a partner decides to leave the business, you need to be fully aware of the situation your business and your shareholders are in to be able to plan your proposal accordingly.
Depending on your situation, you may need a loan for a number of reasons:
To buy out a partner in the business
If the current partnership isn't working and you want to retain ownership or part ownership on a business, you may need funding to remove the current partner.
Increase your holding in the business
Whether you want to increase your share in the business or need the finance to fully buyout the business, there are loans to suit your situation.
Buying into an existing partnership
We can source finance for individuals or teams wishing to buy into an existing partnership, perhaps to become a majority shareholder in the business.
A common situation is where a business owner retires, and another company director or employee wishes to take the business forward by buying out the retiring partner. Or, a larger company may decide to split into smaller parts. An MBO may be required to rescue or restructure a business. Existing shareholders may wish to raise cash to fund the whole buyout or a portion of it. A lender will want to know the full extent of the situation in order to approve an application.
Revolution Brokers fully understand the situation you are in and will help arrange finance to suit your needs. Get in touch to find out how we can help create a proposal to match all your requirements, so you are free to concentrate on your business.