Acquiring a business is a fast way to grow your company.
Are you ready to officially take over the family business, or are you planning to purchase an existing business? Whether you want to merge with another company or acquire a competitor to expand your operations, our business succession and acquisition financing specialists can help!
Business Succession and Acquisition Financing
CAE Drummond: your succession partner!
The process of purchasing a business or taking over a family business is not always simple. This type of transaction also involves certain risks. That is why our team supports buyers throughout the entire business transfer process to ensure a successful transition.
Our financing and business succession experts are able to distinguish between emotional considerations and financial challenges. We tailor our support based on your specific situation to help you gain clarity throughout this major project.
From start to finish, we ask the right questions to properly prepare every stage of the project. With the support of CAE Drummond and its partners, you will be able to secure the right financing and complete a successful transaction!
Business succession and acquisition financing
CAE Drummond’s business succession and acquisition fund supports entrepreneurs in their efforts to acquire a business. The business transfer process is complex, unique, and critical to the company’s long-term viability. Our business financing experts can offer several medium- and long-term financing solutions.
Regardless of your project, we can recommend the right program tailored to the specific characteristics and requirements of your transaction.
Financing solution
Business succession and acquisition
- Loans ranging from $10,000 to $300,000
- Financing terms of up to 8 years
- Interest rate based on the assessment of the application
Eligible projects
- Acquisition of shares or business assets
General conditions
- The business must be located within the territory served by CAE.
- Demonstrate a history of profitability, business viability, and strong development and growth prospects.
- Demonstrate the strength and experience of the management team.
- Provide tangible collateral, if required.
Are you ready to take action?
Start your journey on the right foot!
Discover a wide range of tools to support your business development.
Business succession, acquisition, or transfer
For a successful business transfer, discover the resources available through the Entrepreneur’s Journey!
Business transfer financing
Every project has a future!
Even after acquiring the business, you can continue to rely on CAE Drummond’s business financing experts. Supporting entrepreneurs in the Drummond RCM is part of our DNA!
We are always available to answer your questions, provide guidance, and refer you to the right resources when needed.