With our hyper-efficient online application process, you can pre-qualify for a business acquisition loan in just 48 hours and get funded in as quick as 7 days.
Qualify now
Provide your email address and create a password or use your social login to get started.
Simply give us your name, email address, LinkedIn profile, and proof of funds (via Plaid or documents you provide), and we'll run a soft credit check (with no impact on your credit score).
Once qualified, you'll have access to business term sheets and broker and seller information. You'll also receive an "Interest Letter" as proof you have the funds available to make a purchase.
Provide us with the highest disposable amount you wish to invest and we'll lend up to 4x that amount (up to $2 million.) Once pre-qualified, use your Interest Letter as proof to unlock listings on other marketplaces.
Gain full access to hundreds of Boopos pre-vetted businesses for sale that have strong potential for growth and profit. If you purchase a business for sale from the Boopos directory, we bear most of the risk.
Protecting your information is important — to you and to us. Our innovative platform and dedicated team ensure the entire process of purchasing a Boopos pre-approved business for sale is safe and secure, with your best interests in mind.
When you’re ready to take the leap, we’ll have plenty of support waiting. With the guidance of a designated advisor, we’ll evaluate the strengths and weaknesses of your target business and make sure it's a good match, this includes Boopos and/or other pre-approved businesses (e.g., SBA) for sale.
A pre-approved business loan is a financial product offered by lenders where a preliminary assessment of a business's creditworthiness has already been conducted. This pre-approval indicates that the business meets the lender's basic qualifying criteria for a loan, often including credit score, income, and business financial performance. With Boopos, our process for a pre-approved loan is as simple as three steps: create an account, share a few details like your email, LinkedIn profile, credit score, and proof of funds, then unlock access to term sheets and get your Interest Letter. You can pre-qualify in as little as 48 hours, and we’ll provide one-on-one support the entire way.
Yes, it is possible to sell a business that has an existing business loan. However, it’s easier to sell if you don’t have an outstanding business loan. Typically, the outstanding loan balance needs to be repaid in full from the proceeds of the business sale. It's important to consult with your business loan lender and follow the necessary procedures to ensure a smooth transfer of the loan and proper handling of the sale transaction. With the help of Boopos’s experienced advisors and partners, we can help you list and sell your business.
The speed of business loan approval can vary greatly depending on the lender and the type of loan. Traditional bank loans can take several weeks to a few months for approval, while a company like Boopos can often process applications and approve loans much more quickly - you can get pre-qualified within 48 hours and receive funding in as little as 7 business days. How quickly you can get approved can depend on factors like how quickly you provide necessary documentation, the complexity of your business' financial situation, and the specific lending criteria. Check out your own loan qualifications and get approved faster with Boopos.
To get pre-approved for a traditional business loan, you typically need to demonstrate the financial stability and profitability of your business, which can involve providing financial documents like bank statements, tax returns, and balance sheets. Lenders may also consider your credit score, the length of time you've been in business, and your business plan, which should show how you plan to use the loan and generate revenue to pay it back. At Boopos, we make the process of getting a pre-approved business loan easier than ever. Just share a few basic details, like name, LinkedIn profile, credit score, and proof of funds, and we handle the rest. Check your eligibility.
Boopos loan programs offer entrepreneurs an alternative to bureaucratic lenders, slow-moving business banks, and complex SBA loan approval processes. Our type of financing is fast and efficient. Unlike traditional financial institutions, we don‘t require your business plans, credit history, annual revenue, balance sheets, cash flow statements, tax returns, liabilities, bank accounts, or bank statements to kickstart your loan application. Contact us today to determine your eligibility. Our loan application process is fully automated and won’t take time out of your busy day.
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