: The current owner acts as the lender. You provide a down payment and make monthly interest-bearing payments until the debt is cleared.
: Often the most attractive for small business owners, these are partially backed by the U.S. Small Business Administration . loan to buy existing restaurant
: A healthy credit score (often 750 or higher) is typically required to demonstrate repayment capacity. : The current owner acts as the lender
: Usually requires a significant down payment (e.g., 25-35%) on the property value. Key Requirements and Eligibility loan to buy existing restaurant