How to get a loan to buy a business

Boopos provides non-dilutive revenue-based acquisition financing for e-Commerce and SaaS businesses. Submit your loan application today and get funded within 7 days.

Fast and flexible financing options without dilution

Boopos specializes in small business financing for the acquisition of online businesses. Whether you are a first time business owner or well-versed in scaling revenue through the acquisition of existing businesses, we give you the option to grow without giving up ownership or putting up personal guarantees.

Our business acquisition loans are fast and flexible. Because we are online lenders, our application process is efficient and works seamlessly alongside your due diligence process. Work with us and get funded within 7 days.

Transparent business acquisition loans for small business owners

Boopos specializes in small business financing for the acquisition of online businesses. Whether you are a first time business owner or well-versed in scaling revenue through the acquisition of existing businesses, we give you the option to grow without giving up ownership or putting up personal guarantees.

Our business acquisition loans are fast and flexible. Because we are online lenders, our application process is efficient and works seamlessly alongside your due diligence process. Work with us and get funded within 7 days.

Determine your eligibility

Our loan programs focus on financing the acquisition of profitable e-commerce businesses and SaaS startups with a revenue track record of at least 18 months and LTM revenue equal or above USD 100,000.

While other revenue-based financing options offer loans for working capital needs, we focus exclusively on business acquisition loans.

Contact us today if you’re ready to see if you qualify for a Boopos loan.

Get the loan amount that works for you

Unlike traditional bank loans, a Boopos long term loan is easy to obtain. Our intelligent modeling tools enable us to quickly provide borrowers with the appropriate financing structure for their specific acquisition target.

We fund up to 80% of the purchase price with a cap of U$2M per business purchase. Our lending experts determine the percentage of funding offered by applying a set of weighted criteria including profit margins, operational strength, organic growth and the seasonality of your target business.

Entrepreneurs decide the amount they want to borrow up to the maximum loan amount we offer and we calculate your monthly payments accordingly.

Contact us to start your application process

The loan application process for a Small Business Administration (SBA) loan is complex and time consuming. Buyers are required to submit financial statements, tax returns, credit reports, bank account statements and other detailed information about their personal finances. If you are eager to explore a faster, more flexible loan option, submit your application today!

FAQ

What makes Boopos different from other debt providers?

Venture debt is usually expensive, generates dilution in the shape of equity kickers or warrants and most of all you commit to a fixed repayment schedule. Our loan is flexible. We will take a monthly percentage of your revenues; the bigger your revenue, the earlier you repay; make less revenue and you’ll repay later. Regarding SBA and bank debt, our requirements are typically less stringent, and we will not ask for personal guarantees from you. We are also really quick, and in 7 days you should be accessing the facility.

Could I be a good candidate for a Boopos loan?

Yes, you may be. Our revenue-based financing is suitable for entrepreneurs who want to acquire a business or make a material investment in growing an E-commerce (Amazon, other marketplaces or D2C) or SaaS business and have at least $100,000 annualized revenues, earnings visibility, and customer recurrence.

Are there fees associated with applying for a Boopos loan?

No, there aren’t any fees for applying.

What percentage of my acquisition will Boopos fund?

We typically fund between 50% and 85% of the price, depending on different factors. You can finance the rest via personal savings or loans and complement with a seller note or earnout.

How does Boopos generate revenue from my loan?

We charge a multiple of our principal – our cost in APR terms is higher than bank debt because of the flexibility we offer but lower than hybrid debt or equity. While the specific cost will depend on the business you are acquiring, a typical structure s: 1.15x if you repay before year 1, 1.30x if you repay before year 2, 1.45x if you repay before year 3, 1.60x if you repay before year 4 and 1.60x thereafter.

Where does Boopos get the money to finance my loan?

We finance our loans through a mixture of capital sources. Boopos is fortunate enough to finance a percentage of loans through our own balance sheet. Over the past several years, we have raised Venture Capital for the working capital and Venture Debt for the lending amount as well.

How do I repay Boopos?

Based on your loan amount, you will repay Boopos a monthly percentage of your revenues. This is not a fixed dollar amount, so if your business has a strong month, you will pay down more of the loan, and in less profitable months you will owe a smaller payment. Boopos works with you to structure payments that make sense and adjust to your business cycle.

Can I prepay my Boopos loan?

Yes, you can. We offer a prepayment discount, so whenever you feel the need to prepay your loan you can do it without worries. 

How do I sign up for a loan?

Signing up for a loan is easy with Boopos. Go to "Get started" button and you'll get in the user portal.

How can I purchase a pre-approved business?

It's a simple process. Select the opportunity you are interested in,and we will organize an interview to get started.

How long does it normally take for borrowers to get approved and funded?

At Boopos underwriting is very fast. We can create a Term Sheet in 48—72 hours, and fund in 7 days.

Will applying for a Boopos loan affect my credit score?

No. Boopos performs a soft credit check, which does not affect your credit score and will not be visible to other lenders.

Will this loan be compatible with my other liabilities?

We are comfortable working together with other debt providers. Our unsecured structures are almost always compatible with bank or other debt. For our secured structures, please contact us to discuss your specific situation.

Is my data safe at Boopos?

Your data is entirely safe with us. We will use your data just for an analysis proposal. We are committed to your privacy and our Privacy Policy, which explains our privacy practices concerning your personal information.

Why do I need to connect my accounts?

Connections help us to do a quick and accurate analysis. In addition, by connecting your accounts, we can understand your business not just at the time of qualification, but also on an ongoing basis, so you don't have to re-apply or re-enter your information.

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